Latest reading: Consumer prices increased 1.3% in annual terms in September, following a 1.6% rise in the previous month. Relative...
Inflation in Kenya
Consumer price inflation in Kenya averaged 6.3% in the ten years to 2024, in line with the Sub-Saharan Africa regional average of 10.8%. The 2024 average figure was 4.5%. For more information on inflation, visit our dedicated page.
Kenya Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Kenya from 2025 to 2023.
Source: Macrobond.
Kenya Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 5.4 | 6.1 | 7.7 | 7.7 | 4.5 |
| Inflation (CPI, ann. var. %, eop) | 5.6 | 5.7 | 9.1 | 6.6 | 3.0 |
Inflation ticks up in August
Latest reading: In August, inflation rose to 4.5% following July’s 4.1%, and marking a second consecutive increase. August's result represented the highest since June 2024. Looking at the details of the release, the increase was largely driven by faster increases in price pressures for transport plus food and non-alcoholic beverages—which make up a third of the consumer price index basket; staple foods such as vegetables and corn rose at a faster clip. Still, housing and utility costs rose at a slower clip. As a result, annual average inflation ticked up to 3.6% in August (July: 3.5%). Lastly, consumer prices rose 0.32% in August over the previous month, following July's 0.11% rise.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kenyan inflation projections for the next ten years from a panel of 14 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Kenyan inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Kenyan inflation projections.
Want to get access to the full dataset of Kenyan inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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Taiwan: Inflation slows in September from August -
Vietnam: Inflation picks up in September from the prior month Latest reading: Consumer prices increased 3.4% on a year-on-year basis in September, following a 3.2% increase in the previous month.... -
Uruguay: Inflation stabilizes in September from the prior month Latest reading: Consumer prices increased 4.2% in annual terms in September, unchanged from the previous month’s reading. Relative to the... -
Korea: Inflation rises in September from August Latest reading: Consumer prices rose 2.1% on a year-on-year basis in September, following a 1.7% rise in the prior month.... -
Peru: Inflation rises in September Latest reading: Consumer prices rose 1.4% on a year-on-year basis in September, following a 1.1% rise in the previous month.... -
Euro Area: Inflation rises in September from August Latest reading: Harmonized consumer prices increased 2.2% on a year-on-year basis in September, following a 2.0% increase in the previous... -
Poland: Inflation stabilizes in September Latest reading: Consumer prices rose 2.9% in annual terms in September, stable from the previous month’s reading and within the...