Inflation in Kenya

Kenya Inflation | Economic News & Forecasts

Kenya - Inflation

Inflation rises further in May

Consumer prices rose 0.78% month on month in May on a seasonally-adjusted basis, down from April’s 1.69% increase.

Inflation jumped to 7.1% in May, up from April’s 6.5% and marking the highest rate in over one year. A double-digit annual rise in food prices was the key driver behind May’s inflation reading, although price pressures for housing, transport and fuels also increased at rapid paces. Consequently, annual average inflation rose to 6.2% in May from 6.1% in April.

FocusEconomics Consensus Forecast panelists expect inflation to average 6.2% in 2022, which is up 0.1 percentage points from last month’s forecast. For 2023, the panel sees inflation averaging 5.5%.

Kenya - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)6.6  6.3  8.0  4.7  5.1  

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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

Value Change Date
Bond Yield12.200.0 %Dec 31
Exchange Rate101.40.05 %Jan 01
Stock Market0.40.0 %Jan 07

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