- The year-on-year inflation rate rose to 3.3% in January 2025 from 3.0% in December 2024.
- Kenya recorded one of its lowest inflation rates (2.7%) in October 2024.
Kenyan consumers experienced a general price level higher in January 2025 compared to the corresponding period of 2024. This follows an increased Consumer Price Index, reaching a mark of 3.3 percent in January 2025.
The KNBS attributes the price increment to the rising prices in the food and non-alcoholic beverages and transport category that posted 6.1 percent and 0.7 percent over the last twelve months.
“Food and Non-Alcoholic Beverages Index increased by 6.1 percent in the 12 months (January 2024-January 2025).” The KNBS reported.
“Transport Index increased by 0.7 percent in the last 12 months.”
This indicates a negative change in consumer prices compared to December 2024, when the year-on-year inflation rate was 3.0 percent, a slight increase from 2.8 percent in November 2024.
However, during the period (December 2023-December 2024), the increase in prices of commodities under food and non-alcoholic beverages and transport heavily affected the overall inflation rate, despite the decrease in prices posted in housing, water, electricity, and gas among other fuels posted over the same period.
The December 2024 Consumer Price Index overview saw the food and non-alcoholic beverages index increase by 4.8 percent and transport by 0.2 percent, while the housing, water, electricity, gas, and other fuels index decreased by 0.2 percent in the last 12 months.
Kenya recorded one of its lowest year-on-year inflation rates of 2.7 percent in October 2024, from 3.6 percent in September 2024. However, its been slightly increasing, indicating a rapid increase in the general price level of goods and services over time.
