Inflation Rate in Kenya increased to 3.50 percent in February from 3.30 percent in January of 2025. 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.

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.

In September 2024, the year-on-year food inflation in Kenya decreased to 5.1 percent, the lowest during the period observed. Food prices have generally been following a decreasing trend in the country since March 2023. As a comparison, in October 2022, the food inflation rate was measured at 15.8 percent.

Inflation rate of Kenya increased by 0.15% from 7.7 % in 2022 to 7.7 % in 2023. Since the 41.42% drop in 2018, inflation rate shot up by 63.58% in 2023. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Kenya inflation rate for 2023 was 7.67%, a 0.01% increase from 2022.

• Kenya inflation rate for 2022 was 7.66%, a 1.55% increase from 2021.
• Kenya inflation rate for 2021 was 6.11%, a 0.7% increase from 2020.
• Kenya inflation rate for 2020 was 5.41%, a 0.17% increase from 2019.

Inflation, GDP deflator: linked series (annual %) in Kenya was reported at 6.1078 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Kenya - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Kenya KE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 2.701 % in 2017. This records a decrease from the previous number of 8.134 % for 2016. Kenya KE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 8.132 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 25.698 % in 1993 and a record low of 0.933 % in 2002. Kenya KE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kenya – Table KE.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Forbrukerprisindeksen i Kenya økte med 0,30 prosent i februar 2025 sammenlignet med forrige måned. Gjeldende verdier, historiske data, prognoser, statistikk, diagrammer og økonomiske kalender - Kenya - Inflasjonsrate.

Kenya Overall Inflation: Average Annual data was reported at 4.530 % in Sep 2018. This records a decrease from the previous number of 4.630 % for Aug 2018. Kenya Overall Inflation: Average Annual data is updated monthly, averaging 7.040 % from Oct 1999 (Median) to Sep 2018, with 228 observations. The data reached an all-time high of 17.070 % in Mar 2009 and a record low of 1.710 % in Oct 2002. Kenya Overall Inflation: Average Annual data remains active status in CEIC and is reported by Central Bank of Kenya. The data is categorized under Global Database’s Kenya – Table KE.I008: Underlying and Overall Inflation.

Food and non-alcoholic beverages recorded an inflation of roughly 9.1 percent in Kenya as of 2020, compared to 2019. Vegetables, tubers, plantains, cooking bananas, and pulses registered the highest change in the price level, increasing by 23.8 percent. The inflation stood by nearly 19 percent for ready-made food, while fruits and nuts recorded an inflation rate of 18.2 percent in the same period.

Kenya National Bureau of Statistics hereby releases monthly Consumer Price Indices (CPI) and rates of inflation, for March, 2019. These numbers were generated from a survey of retail prices that targeted a basket of household consumption goods and services. The exercise was conducted during the second and third weeks of the month, with prices being obtained from selected retail outlets in 25 data collection zones in Nairobi and in 13 other urban centers.

The average inflation rate in South Sudan was forecast to decrease between 2024 and 2029 by in total 112.7 percentage points. This overall decrease does not happen continuously, notably not in 2028 and 2029. The inflation is estimated to amount to eight percent in 2029. This indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.Find more key insights for the average inflation rate in countries like Somalia, Kenya, and Zimbabwe.

Consumer Price Index CPI in Kenya increased to 143.12 points in February from 142.68 points in January 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.

The average inflation rate in Rwanda was forecast to increase between 2024 and 2029 by in total 0.1 percentage points. This overall increase does not happen continuously, notably not in 2026. The inflation is estimated to amount to five percent in 2029. Following the definitions provided by the International Monetary Fund, this indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. Depicted here is the year-on-year change in said index measure, expressed in percent.Find more key insights for the average inflation rate in countries like Madagascar, Malawi, and Kenya.

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.

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

This dataset is about countries per year and is filtered where the country includes Kenya, featuring 5 columns: agricultural land, alternative and nuclear energy, armed forces personnel, birth rate, and inflation. The preview is ordered by date (descending).

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.