Inflation Rate in Kenya remained unchanged at 3.80 percent in June. This dataset 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.

In 2018, the average inflation rate in Kenya amounted to about 4.69 percent compared to the previous year, a significant decrease from 7.99 percent the year prior. Forecasts see Kenya’s inflation levelling off at around five percent in the near future.

Kenya sees economic growth

Kenya’s economic growth has been quite steady these past few years and is still on the rise – except for a little dip in 2017, which is no real reason for concern. Gross domestic product (GDP) is forecast to almost double by 2024, and unemployment, although still above 10 percent, is on the decline. Although Kenya may not be among the leading countries on the Human Development Index (HDI) yet, but these economic trends plus demographic key factors like a declining infant mortality rate and a life expectancy at birth that has increased by a decade over the same time span show that Kenya is definitely on the way.

A brief look at Kenya’s economy

Kenya’s market-based economy is considered East Africa’s finance and transportation hub. Most of Kenya’s GDP is generated by services, especially travel and tourism, but agriculture is also quite successful, as it contributes about a third to GDP. The country exports less than it imports, and its leading exports are mostly commodities like tea and coffee. Imports include petroleum, machinery, and metals. Subsequently, Kenya’s trade balance is in the red, however, national debt is decreasing.

Historical chart and dataset showing Kenya inflation rate by year from 1960 to 2024.

Kenya's inflation rate decreased to 3.6 percent in September 2024. The indicator measure price variations in goods and services compared to the same month one year earlier. In September 2023, inflation in Kenya stood at 6.8 percent. The current country’s Consumer Price Index (CPI) increased by 0.26 percent compared to the previous month, mainly due to higher prices in food and transport. For 2023, projections indicated that the annual average inflation for Kenya would be above above the rate projected in other African countries, such as South Africa and Tanzania, at almost eight percent. Inflation accelerated by food prices Kenyans feel the inflation effects mostly on groceries since food and non-alcoholic beverages account for roughly one-third of the household expenditure. As of May 2022, the category recorded a surge in prices of 12.4 percent. Furthermore, a deep look into food prices variations in Kenya reveals that vegetables, tubers, plantains, cooking bananas, and pulses were 20 percent more expensive in 2020, compared to 2019. Fruits and nuts recorded an inflation rate of 18.2 percent in the same period. Impacts on food security Fluctuating food prices in Kenya also depend on the varying domestic agricultural output. Particularly, when weather conditions are unfavorable, crop outputs are affected and, consequently, food prices increase - a scenario contributing to the persistence of food insecurity. For instance, around eight million people lacked sufficient food for consumption in Kenya as of November 2021.

The Consumer Price Index in Kenya increased 0.50 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - Kenya Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Zimbabwe had the highest inflation in Africa as of 2023. The rate reached roughly 172 percent when compared to the previous year, according to the source's estimates. This was followed by Sudan, with a rate increase of over 71 percent. Inflationary pressures in the country have been driven by a long-running economic crisis and political instability. By the end of 2021, the already fragile Sudanese economy suffered again when military forces took control of the government. With a

Key information about Kenya Consumer Price Index CPI growth

• Kenya Consumer Price Index (CPI) growth was measured at 3.0 % YoY in Dec 2024, compared with a rate of 2.8 % in the previous month.
• Kenya Consumer Price Index growth data is updated monthly, available from Mar 1963 to Dec 2024, with an averaged number of 8.0 % YoY.
• The data reached an all-time high of 61.5 % YoY in Jan 1994 and a record low of -3.7 % YoY in Apr 1995.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The Kenya National Bureau of Statistics provides Consumer Price Index with base February 2019=100. Consumer Price Index Growth prior to February 2020 is calculated from Consumer Price Index with base February 2009=100.

Cost of food in Kenya increased 6.60 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Kenya Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Kenya’s unemployment rate was 5.43 percent in 2024. This represents a steady decline from the increase after the financial crisis. What is unemployment? The unemployment rate of a country refers to the share of people who want to work but cannot find jobs. This includes workers who have lost jobs and are searching for new ones, workers whose jobs ended due to an economic downturn, and workers for whom there are no jobs because the labor supply in their industry is larger than the number of jobs available. Different statistics suggest which factors contribute to the overall unemployment rate. The Kenyan context The first type, so-called “search unemployment”, is hardest to see in the data. The closest proxy is Kenya’s inflation rate. As workers take new jobs faster, employers are forced to increase wages, leading to higher employment. Jobs lost due to economic downturns, called “cyclical unemployment”, can be seen by decreases in the GDP growth rate, which are not significant in Kenya. Finally, “structural unemployment” refers to workers changing the industry, or even economic sector, in which they are working. In Kenya, more and more workers switch to the services sector. This is often a result of urbanization, but any structural shift in the economy’s composition can lead to this unemployment.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

Geographic coverage notes

The data cover the following areas: Afghanistan, Armenia, Bangladesh, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Congo, Dem. Rep., Congo, Rep., Gambia, The, Guinea, Guinea-Bissau, Haiti, Indonesia, Iraq, Kenya, Lao PDR, Lebanon, Liberia, Libya, Malawi, Mali, Mauritania, Mozambique, Myanmar, Niger, Nigeria, Philippines, Senegal, Somalia, South Sudan, Sri Lanka, Sudan, Syrian Arab Republic, Yemen, Rep.

The benchmark interest rate in Kenya was last recorded at 9.75 percent. This dataset provides the latest reported value for - Kenya Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in Kenya increased to 144.95 points in May from 144.09 points in April of 2025. This dataset provides the latest reported value for - Kenya Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Producer Prices in Kenya decreased 5.67 percent in March of 2025 over the same month in the previous year. This dataset provides - Kenya Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.