Kenya Inflation Rate Edges Down to 4.18% in March


Consumer prices in Kenya advanced 4.18 percent year-on-year in March of 2018, slowing from a 4.46 percent increase in the prior month. It was the lowest inflation rate since May of 2013, as prices of food, transport and furnishing and household equipment eased.

Compared to March of 2017, prices rose at softer pace for food and non-alcoholic beverages (2.19 percent compared to 3.83 percent in February); transport (6.61 percent compared to 6.95 percent); furnishings and household equipment (4.25 percent compared to 4.29 percent) and restaurant and hotels (6.61 percent compared to 6.87 percent). On the other hand, cost increased further for housing and utilities (8.98 percent compared to 5.74 percent); clothing and footwear (3.85 percent compared to 3.81 percent) and miscellaneous goods and services (4.61 percent compared to 4.58 percent). Also, inflation was steady for communication (0.81 percent, the same as in February) and education (5.08 percent). 

On a monthly basis, consumer prices went up 1.39 percent, following a 1.36 percent rise in the previous month. Cost advanced faster for housing and utilities (3.78 percent compared to 0.41 percent in February), mainly due to higher prices of cooking fuels and electricity. Meanwhile, prices slowed for   food and non-alcoholic beverages (1.54 percent compared to 2.22 percent) and cost of transport fell (-0.06 percent compared 0.84 percent), due to a reduction in pump petrol prices.

Kenya Inflation Rate Edges Down to 4.18% in March


Kenya National Bureau of Statistics | Stefanie Moya | stefanie.moya@tradingeconomics.com
3/30/2018 10:23:51 AM