Inflation Rate in Kenya decreased to 5.76 percent in April from 5.90 percent in March of 2021. source: Kenya National Bureau of Statistics

Inflation Rate in Kenya averaged 9.07 percent from 2005 until 2021, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Inflation Rate in Kenya is expected to be 5.40 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 5.30 percent in 2022 and 4.80 percent in 2023, according to our econometric models.

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Kenya Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.76 5.90 31.50 3.18 2005 - 2021 percent Monthly
2019M2=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2021-01-29 02:20 PM Jan 5.69% 5.62% 5.5%
2021-02-27 08:00 AM Feb 5.78% 5.69% 5.8%
2021-03-31 01:30 PM Mar 5.9% 5.78% 6% 5.9%
2021-04-30 01:00 PM Apr 5.76% 5.9% 6.1%
2021-05-28 11:15 AM May
2021-06-30 01:00 PM Jun
2021-07-30 12:20 PM Jul
2021-08-31 03:00 PM Aug

News Stream
Kenya Inflation Rate Slows in April
The annual inflation rate in Kenya eased for the first time in seven months to 5.76% in April of 2021, from 5.90% in the previous month, as prices rose at a slower pace for food & non-alcoholic beverages (6.42 percent vs 6.65 percent), housing & utilities (3.90 percent vs 4.01 percent) and transports (17.19 percent vs 18.12 percent). Such high rates in the prices of transports are explained by the rising cost of imported oil products as reflected in the prices of petrol (31.86 percent vs 10.34 percent), diesel (10.22 percent vs 5.83 percent) and kerosene (25.69 percent vs 2.47 percent). On a monthly basis, consumer prices were up 0.82 percent, following a 0.40 percent advance in the previous month.
Kenya March Inflation Rate at 11-Month High
The annual inflation rate in Kenya rose for the sixth straight month to 5.90% in March of 2021 from 5.78% in the previous month. It was the highest inflation rate since last April, mainly pushed up by transport prices (18.12% vs 16.73% in February), of which petrol (10.34% vs 3.06%), diesel (5.83% vs -2.40%) and kerosene (2.47% vs -9.92%) amid a recent hike in fuel prices as a result of the rising cost of importing oil products. Additional upward pressure came from prices of food & non-alcoholic beverages (6.65% vs 6.93%); housing & utilities (4.01% vs 3.38%); health (4.12% vs 4.34%) and restaurants & hotels (4% vs 4.01%). On a monthly basis, consumer prices were up 0.40%, slowing from a 0.7% increase in the previous month.
Kenya February Inflation Rate at Near 1-Year High
The annual inflation rate in Kenya rose for the fifth straight month to 5.78% in February of 2021 from 5.69% in the previous month. It was the highest inflation rate since last April, amid higher prices of transport (16.73% vs 14.24% in January), of which petrol (3.06% vs -2.54%), following the latest review of maximum pump prices. Additional upward pressure came from costs of food & non-alcoholic beverages (6.93% vs 7.36%); health (4.34% vs 4.45%); restaurants & hotels (4.01% vs 5.36%) and housing & utilities (3.38% vs 3.19%), namely cooking oil (17.79% vs 15.25%). On a monthly basis, consumer prices were up 0.70%, after increasing 0.63% in the preceding month.
Kenya January Inflation Rate Hits 11-Month High
The annual inflation rate in Kenya rose for the fourth straight month to 5.69% in January of 2021 from 5.62% in the prior month, its highest level since February. Main upward pressure came from prices of food & non-alcoholic beverages (7.36% vs 7.19% in December), of which peas (19.33%), cooking oil (15.25%) and white standard bread (6.65%). Prices also advanced faster mostly for transport (14.24% vs 13.21%); housing & utilities (3.09% vs 3.07%), namely electricity (7.40% vs 3.32%) and furnishings (3.19% vs 2.88%). On a monthly basis, consumer prices were up 0.63%, slowing from a 0.98% increase in the previous month.

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.