Kenya Annual Inflation Rate Edges Up to 5.58% in November


The annual inflation rate in Kenya went up to 5.58 percent in November of 2018 from 5.53 in the previous month, mainly due to higher prices of food and non-alcoholic beverages and transport. On a monthly basis, consumer prices went down 0.18 percent, following a 0.79 percent drop in October.

Year-on-year, prices advanced faster for food and non-alcoholic beverages (1.72 percent from 0.52 percent in October); transport (15.57 percent from 15.3 percent); communication (4.74 percent from 4.3 percent); education (4.94 percent from 4.8 percent) and alcoholic beverages and tobacco (7.2 percent from 7.05 percent). 

On the other hand, cost slowed for housing and utilities (13.69 percent from 17.12 percent); clothing and footwear (4.15 percent from 4.73 percent); furniture and household equipment (4.37 percent from 4.68 percent); restaurant and hotels (4.2 percent from 4.32 percent); miscellaneous goods and services (4.18 percent from 4.44 percent); health (4.81 percent from 5.92 percent) and recreation and culture (1.51 percent from 1.67 percent).

On a monthly basis, consumer prices decreased 0.18 percent, following a 0.79 percent fall in October. Prices of food and non-alcoholic beverages went down 0.15 percent, compared to a 1.76 percent decline in the prior month, mainly due to lower prices of maize and maize products. Additionally, cost of transport rebounded (0.81 percent from -0.86 percent), due to cost of petrol (0.91 percent from -0.9 percent). 

Kenya Annual Inflation Rate Edges Up to 5.58% in November


Kenya National Bureau of Statistics | Agna Gabriel | agna.gabriel@tradingeconomics.com
11/30/2018 11:53:18 AM