Kenya Inflation Rate Lowest Since June 2013


Consumer prices in Kenya went up 5.27 percent year-on-year in April of 2016, from a 6.45 percent increase in March, beating market expectation of 6.11 percent rise. It was the lowest figure since June 2013, led by slower increase in food cost.

Year-on-year, prices of food and non-alcoholic beverages (+6.84 percent from +9.41 percent in March); housing, water, electricity, gas and other fuels (+3.37 percent from +3.45 percent); furnishings (+4.5 percent from +4.76 percent) and hotels and restaurants (+5.45 percent from +5.86 percent) went up at a slower pace. Meantime, clothing and footwear (+4.86 percent from +4.71 percent) rose at a faster pace but transport prices (-0.74 percent from -0.31 percent) decreased further.

On a monthly basis, consumer prices rose slightly by 0.69 percent following a 0.76 percent increase in the previous month. Food inflation went up 1.5 percent (+1.39 percent in March) and housing, water, electricity, gas and other fuels rose 0.15 percent (+0.58 percent). In contrast, transport cost edged down by 0.42 percent from a 0.34 percent fall in March.

Kenya Inflation Rate Lowest Since June 2013


Kenya National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
5/2/2016 6:28:11 PM