Inflation in Kenya

Kenya Inflation (eop) | Economic News & Forecasts

Kenya - Inflation (end of period)

Inflation comes in at an over five-year high in July

Consumer prices increased a seasonally-adjusted 0.67% in July over the previous month, below June's 0.89% increase. July's result marked the softest rise in prices since February. The moderation was broad-based, with reduced price pressures recorded for food and non-alcoholic beverages, housing, utilities and fuel, and transportation.

Inflation came in at 8.3% in July, which was up from June’s 7.9%. July's reading represented the highest inflation rate since June 2017. Consequently, the trend pointed up mildly, with annual average inflation coming in at 6.4% in July (June: 6.3%).

FocusEconomics Consensus Forecast panelists expect inflation to average 7.1% in 2022, which is up 0.1 percentage points from last month’s forecast. For 2023, the panel sees inflation averaging 6.5%.

Kenya - Inflation (eop) Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %, eop)8.0  6.4  4.5  5.7  5.8  

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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

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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