Inflation in Kenya

Kenya Inflation | Economic News & Forecasts

Kenya - Inflation

Inflation falls to five-month low in August

Consumer prices fell 0.90% over the previous month in August, following a 0.36% month-on-month drop in July. Notably lower prices for food and alcoholic beverages drove the downturn, followed by housing, water, electricity, gas and other fuels.

Inflation slid to 5.0% in August from 6.3% in July, hitting the mid-point of the Central Bank’s 2.5%–7.5% target range. Lastly, annual average inflation inched up to 5.4% in August from 5.3% in July.

FocusEconomics Consensus Forecast panelists expect inflation to average 5.7% in 2019, which is down 0.1 percentage points from last month’s forecast. For 2020, the panel also sees inflation averaging 5.7%.

Kenya - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)5.7  6.9  6.6  6.3  8.0  

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Kenya Inflation Chart

Kenya Inflation
Note: Inflation, annual average variation of consumer price index (CPI) in %.
Source: Kenya National Bureau of Statistics

Kenya Facts

Bond Yield11.500.0 %Sep 04
Exchange Rate103.90.05 %Sep 04
Stock Market0.40.0 %Sep 04

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