Kenya's inflation rate rose slightly to 5.70 percent year-on-year in June 2019 from 5.49 percent in the previous month, but missing market expectations of 6.40 percent. Food inflation accelerated while housing, transport and clothing prices increased at a slower pace. Inflation Rate in Kenya averaged 9.54 percent from 2005 until 2019, reaching an all time high of 31.50 percent in May of 2008 and a record low of 3.18 percent in October of 2010.

Inflation Rate in Kenya is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Kenya to stand at 5.10 in 12 months time. In the long-term, the Kenya Inflation Rate is projected to trend around 6.40 percent in 2020, according to our econometric models.

Kenya Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 11:20 AM Inflation Rate YoY 4.35% 4.14% 4.2% 4.0%
2019-04-30 08:20 AM Inflation Rate YoY 6.58% 4.35% 4.3% 4.5%
2019-05-31 11:20 AM Inflation Rate YoY 5.49% 6.58% 6.5% 6.7%
2019-06-28 08:30 AM Inflation Rate YoY 5.70% 5.49% 6.40% 5.8%
2019-07-31 02:20 PM Inflation Rate YoY 5.70% 5.9%
2019-08-30 12:00 PM Inflation Rate YoY 5.6%
2019-09-27 09:00 AM Inflation Rate YoY 5.4%



Kenya Inflation Rate Rises Less than Expected

Kenya's inflation rate rose slightly to 5.70 percent year-on-year in June 2019 from 5.49 percent in the previous month, but missing market expectations of 6.40 percent.

Main upward pressure came from: food & non-alcoholic beverages (6.98 percent vs 6.33 percent in May); housing & utilities (4.07 percent vs 4.56 percent); transport (10.96 percent vs 11.08 percent); clothing & footwear (2.05 percent vs 2.12 percent); furnishings & household equipment (2.12 percent vs 2.46 percent); restaurants & hotels (2.68 percent vs 2.96 percent); and miscellaneous goods & services (2.95 percent vs 2.92 percent).

On a month-on-month basis, consumer prices dropped 0.69 percent, the largest decline since October last year, following a 0.07 decline in May. Food & non-alcoholic beverages slumped 1.60 percent, while other main components increased: housing & utilities (0.05 percent); transport (0.26 percent); and clothing & footwear (0.16 percent).


Kenya National Bureau of Statistics | Joana Ferreira | joana.ferreira@tradingeconomics.com
6/28/2019 12:57:18 PM



Kenya Prices Last Previous Highest Lowest Unit
Inflation Rate 5.70 5.49 31.50 3.18 percent [+]
Consumer Price Index CPI 204.34 205.77 205.90 99.00 Index Points [+]
Food Inflation 6.98 6.33 26.20 -1.15 percent [+]
Inflation Rate Mom -0.69 -0.07 3.50 -1.20 percent [+]
Producer Prices 118.95 120.61 120.61 100.00 Index points [+]
Producer Prices Change -0.36 1.47 6.77 -2.76 percent [+]


Kenya Inflation Rate

In Kenya, the Consumer Price Index (CPI) is based on expenditures of both urban and rural households. The most important categories in the CPI are Food and Non-Alcoholic Beverages (36 percent of total weight); Housing, Water, Electricity, Gas and other Fuels (18.3 percent) and Transport (8.7 percent). Clothing and Footwear account for 7.4 percent of total index and Furnishings, Household Equipment and Routine Household Maintenance for 6.2 percent. Restaurants and Hotels represent 4.5 percent as well as Miscellaneous Goods and Services (4.5 percent). Communication accounts for 3.8 percent of total weight, Health for 3.1 percent and Education for 3.1 percent. Recreation and Culture represent 2.3 percent and Alcoholic Beverages, Tobacco and Narcotics the remaining 2.1 percent. This page provides the latest reported value for - Kenya Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kenya Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.49 31.50 3.18 2005 - 2019 percent Monthly
2009M2=100, NSA




Country Last Previous
Argentina 57.30 May/19
Australia 1.30 Mar/19
Brazil 3.37 Jun/19
Canada 2.40 May/19
China 2.70 Jun/19
Euro Area 1.20 Jun/19
France 1.20 Jun/19
Germany 1.60 Jun/19
India 3.18 Jun/19
Indonesia 3.28 Jun/19
Italy 0.70 Jun/19
Japan 0.70 May/19
Mexico 3.95 Jun/19
Netherlands 2.70 Jun/19
Russia 4.70 Jun/19
Saudi Arabia -1.50 May/19
Singapore 0.90 May/19
South Africa 4.50 May/19
South Korea 0.70 Jun/19
Spain 0.40 Jun/19
Switzerland 0.60 Jun/19
Turkey 15.72 Jun/19
United Kingdom 2.00 May/19
United States 1.60 Jun/19


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