Inflation in Kenya

Kenya Inflation | Economic News & Forecasts

Kenya - Inflation

Inflation rises to over five-year high in August

Consumer prices increased a seasonally-adjusted 0.42% in August over the previous month, moderating from July's 0.67% rise. August's result marked the weakest reading since February. The cooling of price pressures was primarily due to a slower rise in prices for food and non-alcoholic beverages.

Inflation came in at 8.5% in August, which was up from July’s 8.3%. August's result represented the highest inflation rate since June 2017. Consequently, the trend pointed up slightly, with annual average inflation coming in at 6.6% in August (July: 6.4%).

FocusEconomics Consensus Forecast panelists expect inflation to average 7.7% in 2022, which is up 0.6 percentage points from last month’s forecast. For 2023, the panel sees inflation averaging 7.1%.

Kenya - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)6.6  6.3  8.0  4.7  5.1  

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Kenya Inflation Chart

Kenya Inflation
Note: Inflation, annual average variation of consumer price index (CPI) in %.
Source: Kenya National Bureau of Statistics

Kenya Facts

Value Change Date
Bond Yield12.200.0 %Dec 31
Exchange Rate101.40.05 %Jan 01
Stock Market0.40.0 %Jan 07

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