kenya inflation,kenya inflation rate Stories

Kenya's private sector activity dips slightly in December amid rising inflation
Alfred Onyango  |  Jan 07, 2025

Attributing the slight dip to inflation, the Index says the sharp increase in input costs at the end of the year led private sector firms to raise sel...

Escalating Red Sea vessel attacks risk negating Kenya’s easing inflation as shipment of essential goods affected
Alfred Onyango  |  Jan 04, 2025

The ongoing attacks and tensions have severely impacted the flow of goods through the Suez Canal, with the 7-day moving average of container traffic f...

Relief as workers’ real wage growth starts rising on easing inflation
Alfred Onyango  |  Jan 02, 2025

A recent report by the International Labour Organisation (ILO), reveals that the real average wage growth has started to rise again as inflation progr...

World Bank cuts Kenya's 2024 growth estimate to 4.7 per cent on fiscal challenges
Reuters  |  Dec 10, 2024

Kenya has managed to stabilise its foreign exchange rate, boost hard currency reserves held by the Central Bank and lower inflation this year.

Kenya's inflation rises marginally to 2.8 per cent in November
Alfred Onyango  |  Nov 29, 2024

Prices of sugar, maize flour-sifted and fortified maize flour rose by 5.3, 5.1 and 4.9 per cent, respectively, between October 2024 and November 2024.

Cabinet lauds Kenya's economic stability as inflation hits 17-year low
Maureen Kinyanjui  |  Nov 14, 2024

The 2.7 per cent inflation rate is a substantial drop from 9.6 per cent in September 2022 and the lowest inflation rate since 2007, when President Mwa...

High loan interest rates push more Kenyans to local credit arrangements
Alfred Onyango  |  Oct 29, 2024

Experts argue that the venture is often appealing because it typically comes with lower or no interest rates compared to formal loans from banks.

Consumers welcome reduced food prices as farmers record good harvests
Alfred Onyango  |  Oct 15, 2024

Inflation expectations in the next month pointed towards a general decline in prices.

Kenya's inflation down to 11-year low in September
Alfred Onyango  |  Oct 02, 2024

The record is the lowest in the past decade as a similar mark was recorded in January 2013.

Inflation drops to 4.3 per cent due to reduced food, power costs in July
Alfred Onyango  |  Aug 01, 2024

The record for July is the lowest in the last four years, with the last record being in August 2020.

Relief as benchmark food prices down 2 per cent in a year
Alfred Onyango  |  Jul 10, 2024

This paints a promising prospect for the general cost of living, which has been relatively high in the past two years, majorly hard-hitting developing...

Weak shilling takes a hit on Kenya’s GDP growth in Q1
Alfred Onyango  |  Jul 03, 2024

The Kenya shilling also depreciated against the South African Rand and the Tanzanian and Ugandan shillings.

June inflation down to four-year low on easing food prices
Alfred Onyango  |  Jun 30, 2024

The level is the lowest record in the past four years, as a similar mark was last recorded in June 2020.

Kenyans say reports of an improved economy not matching reality
Alfred Onyango  |  Jun 14, 2024

A recent Infotrak poll showed the majority of Kenyans — 58 per cent — felt the country was headed in the wrong direction economically

May inflation rises to 5.1 per cent on increased food, electricity prices
Alfred Onyango  |  Jun 01, 2024

The prices of spinach, kale (sukuma wiki), tomatoes, and Irish potatoes increased by 18.2 per cent, 15 per cent, 14 per cent, and 6.2 per cent, respec...

Kenya sees 19pc surge in crime amid economic struggles
Bashir Mohammed  |  May 21, 2024

This worrying trend highlights the desperate measures individuals are taking to survive harsh economic realities.

Kenya's economy grows 5.6 per cent on agriculture, forestry
Barack Oduor  |  May 20, 2024

KEBS said the 2023 growth was primarily driven by a 19 per cent expansion in agriculture, forestry, and fishing.

Kenya will be able to repay $2 billion eurobond, CBK says
Agency  |  Feb 08, 2024

Central Bank of Kenya Governor Kamau Thugge had acknowledged concerns about the country's ability to repay the 10-year Eurobond when it matures in Jun...

Kenya's inflation rate rises to 6.9 per cent in January
Apollo Ochieng  |  Feb 01, 2024

The general price level of commodities reflected a continued rise in the cost of living for many households.

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