Kenya Inflation Rate

The inflation rate in Kenya was recorded at 6.27 percent in March of 2014. Inflation Rate in Kenya is reported by the Kenya National Bureau of Statistics. Inflation Rate in Kenya averaged 11.38 Percent from 2005 until 2014, 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. 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 - Kenya Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.27 6.86 31.50 3.18 5.67 | 2014/06 2005 - 2014 Percent Monthly
2009M2=100, NSA

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Kenya Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-30 02:00 PM Kenya
Inflation Rate YoY
Dec 2013 7.15% 7.36%
2014-01-31 07:30 AM Kenya
Inflation Rate YoY
Jan 2014 7.21% 7.15% 7.66%
2014-02-28 09:30 AM Kenya
Inflation Rate YoY
Feb 2014 6.86% 7.21% 7.66%
2014-03-31 12:30 PM Kenya
Inflation Rate YoY
Mar 2014 6.27% 6.86% 8.48%
2014-04-30 07:00 AM Kenya
Inflation Rate YoY
Apr 2014 6.27% 8.15%
2014-05-30 02:00 PM Kenya
Inflation Rate YoY
May 2014 8.55%
[+]

Prices Last Previous Highest Lowest Forecast Unit
Consumer Price Index (CPI) 145.95 2014-02-15 145.40 145.95 99.00 148.79 2014-06-30 Index Points [+]
Inflation Rate 6.27 2014-03-31 6.86 31.50 3.18 5.67 2014-06-30 Percent [+]
[+]


Kenya Inflation Rate Edges Down to 6.27% in March

Kenyan annual inflation rate decelerated for the second consecutive month to 6.27 percent, from 6.86 percent recorded in February of 2014, as food, electricity and gas prices slowed.

Year-on-year, prices rose at a slower pace for food (+8.29 percent, from 9.14 percent in February of 2014), housing, water, electricity and gas (+4.44 percent from 5.15 percent), transport (+5.17 percent from 6.42 percent), clothing and footwear (+4.84 percent from 4.89 percent). 

In contrast, higher inflation was recorded for furnishing and equipment (+5.48 percent from 5.46 percent in the previous month), health (+6.84 percent from 5.95 percent) and education (+5.62 percent from 5.33 percent).

Communication prices continued to fall by 3.13 percent in March of 2014.

On a monthly basis, prices accelerated slightly to 0.45 percent from February’s 0.38 percent, mainly due to higher cost of food (+0.56 percent), transports (+0.30 percent), clothing and footwear (+0.40 percent). 

Kenya National Bureau of Statistics | Isabel Felino | isabel.felino@tradingeconomics.com
3/31/2014 2:55:45 PM

RECENT RELEASES

Kenya Inflation Rate Falls to 6.86% in February
Kenyan annual inflation rate decreased to 6.86 percent in February, slowing from 7.21 percent in the previous month, as Food and Transport prices rose at a slower pace. Published on 2014-02-28

Kenya Inflation Rate Rises to 7.2% in January
In January of 2014, Kenyan annual inflation rate increased to 7.2 percent, slightly up from 7.15 percent registered in December of 2013. Published on 2014-01-31


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


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