Kenyan Inflation Rate Rises Marginally in April


Kenyan annual inflation accelerated to 6.41 percent in April of 2014, slightly up from 6.27 percent in the previous month, but up from 4.14 percent one year ago. Inflationary pressures came mostly from cost of housing, water, electricity, gas and other fuels.

Upward pressures came mostly from higher housing, water, electricity, gas and other fuels prices (4.47 percent yoy from 4.44 percent in March). In addition, cost of transport rose 8.76 percent, following a 5.17 percent rise in the previous month.

Year-on-year, prices of food and non-alcoholic beverages rose 8.09 percent in April; alcoholic beverages, tobacco and narcotics rose 6.71 percent; clothing and footwear went up 4.71 percent; furnishings and household equipment (+5.39 percent), health (+6.64 percent), recreation and culture (+12.58 percent) and education (+5.62 percent).

Communication prices kept its downward trend and fell by 3.16 percent.

On a monthly basis, the inflation rate increased 1.09 percent in April, up from 0.45 percent recorded in the previous month, largely driven by higher cost of food and non-alcoholic beverages (+1.66 percent from 0.56 percent in March), housing, water, electricity, gas and other fuels (+0.33 percent from 0.28 percent).

Kenyan Inflation Rate Rises Marginally in April


Kenya National Bureau of Statistics | Isabel Felino | isabel.felino@tradingeconomics.com
4/30/2014 2:14:36 PM