Inflation in Kenya

Kenya Inflation (eop) | Economic News & Forecasts

Kenya - Inflation (end of period)

Inflation picks up after three consecutive months of decline

Consumer prices rose 1.60% over the previous month in March, following a 0.82% month-on-month increase in February. An upsurge in prices for food and non-alcoholic beverages spearheaded the climb in overall prices, offsetting a drop in prices for housing, water, electricity, gas and other fuels, and recreation and culture.

Inflation also picked up, rising to 4.4% in March, from 4.1% in February. However, it remained well within the Central Bank’s 2.5%–7.5% target band. Higher food prices have pushed up inflation, although the rising price pressures should be temporary given the delayed advent of the rainy season that should boost agricultural output going forward. Meanwhile, annual average inflation remained at February’s 4.7% in March.

FocusEconomics Consensus Forecast panelists expect inflation to average 5.5% in 2019, which is unchanged from last month’s forecast. For 2020, the panel sees inflation averaging 6.0

Kenya - Inflation (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %, eop)7.2  6.0  8.0  6.4  4.5  

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Kenya Inflation (eop) Chart

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

Kenya Facts

Bond Yield12.150.0 %Apr 12
Exchange Rate101.00.05 %Apr 12
Stock Market0.10.0 %Apr 12

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