Kenya Inflation Rate at 9- Month High of 6.68%


Consumer prices in Kenya increased 6.68 percent year-on-year in November of 2016, following a 6.5 percent rise in the previous month and above market expectations of a 6.48 percent gain. It was the highest inflation rate since February, boosted by food cost.

Compared to November 2015, main upward pressure came from food and non-alcoholic drinks (+11.13 percent compared to +11.03 percent in October), namely fruits and vegetables; alcoholic drinks, tobacco and narcotics (+13.96 percent from +14.13 percent), followed by restaurants and hotels (+5.77 percent from +5.60 percent), clothing and footwear (+4.65 percent from +4.17 percent), recreation and culture (+4.47 percent from +4.34 percent) and education (+4.02 percent from +4.07 percent).

Month-on-month, consumer prices increased 0.71 percent following a 0.62 percent gain in October. Cost went up the most for food and non-alcoholic beverages (+1.17 percent from +0.96 percent in October) and alcoholic beverages, tobacco and narcotics (+0.11 percent from +0.01 percent), followed by housing, water, electricity, gas and other fuels (+0.11 percent from +0.16 percent); clothing and footwear (+0.70 percent from +0.55 percent) and transports (+0.55 percent from +0.37 percent).

Kenya Inflation Rate at 9- Month High of 6.68%


Kenya National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
11/30/2016 2:27:50 PM