Kenya Inflation Rate at 3-Month High of 5.8% in June


Consumer prices in Kenya increased 5.8 percent year-on-year in June of 2016, accelerating from a 5 percent rise a month earlier. It was the highest figure since March 2016, driven by cost of food.

Year-on-year, prices of food and non-alcoholic beverages went up at faster pace (+8.9 percent from +6.5 percent in April), while cost rose at a slower pace for housing, water, electricity, gas and other fuels (+1.8 percent from +2.1 percent); transport (+0.63 percent from +1.16 percent). In addition, prices also increased for clothing and footwear (+3.6 percent from +4 percent); furnishings and household equipment (+3.8 percent from +4.2 percent) and hotels and restaurants (+5.5 percent from +5.2 percent).

On a monthly basis, consumer prices went up by 1 percent following a 0.55 percent increase in the previous month. Food inflation accelerated to 2 percent (+0.8 percent in May) and housing, water, electricity, gas and other fuels edged up 0.08 percent (+0.09 percent) and prices of transport rose by 0.3 percent (+0.5 percent) in May.

Kenya Inflation Rate at 3-Month High of 5.8% in June


Kenya National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
6/30/2016 12:40:52 PM