Kenya Inflation Rate at 6-Month Low


Consumer prices in Kenya rose 6.45 percent year-on-year in March of 2016, compared to a 6.84 percent jump in the previous month and matching market forecasts of 6.5 percent. It is the lowest figure since September last year, as food inflation slowed.


Year-on-year, cost of food and non-alcoholic beverages went up by 9.41 percent (+10.77 percent in February); housing, water, electricity, gas and other fuels rose by 3.45 percent (+2.79 percent in February); clothing and footwear increased by 4.71 percent (+4.64 percent in February); furnishings by 4.76 percent (4.63 percent in February) and hotels and restaurants by 5.86 percent (+6 percent in February). Meanwhile, transport prices decreased by 0.31 percent (-0.31 percent in February).

On a monthly basis, consumer prices increased 0.76 percent, following a 0.42 percent decline in the previous month. Food and non-alcoholic beverages was the main contributor to the rise (+1.39 percent from -0.43 percent in February), followed by housing (0.58 percent from -1.81 percent) while transport cost fell by 0.34 percent from a 1.62 percent drop in the previous month.

Kenya Inflation Rate at 6-Month Low


Kenya National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
3/31/2016 6:44:01 PM