Kenya Inflation Rate Down to 4.05% in May


In May of 2013, Kenya's inflation rate eased to 4.05 percent from 4.14 percent a month earlier. Inflation has remained within the government's target of 3-7 percent since August of 2012.

On the year-over-year basis, prices for food and non-alcoholic beverages increased 4.28 percent. Prices for housing, water, electricity, gas and other fuels grew 3.85 percent; clothing and footwear prices increased 5.03 percent and the transport index rose 2.81 percent. Communication index, on the other hand, decreased 0.15 percent.

On the month-over-month basis, prices for housing, water, electricity and other fuels and transportation declined 0.13 percent and 0.94 percent respectively. Costs of food and non-alcoholic beverages increased 0.51 percent.

Kenya Inflation Rate Down to 4.05% in May


Joana Taborda | joana.taborda@tradingeconomics.com
5/31/2013 3:02:32 PM