Inflation Kenya 2024
Average inflation: 4.5%
Current Inflation
Inflation is high at 4.5%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 6.9%. The lowest inflation was in October at 2.7%.
- Highest month
- January: 6.9%
- Lowest month
- October: 2.7%
- Difference
- 4.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 5.7%. The lowest price increase was in Energy with an average of 3.7%.
- Highest increase
- Food: 5.7%
- Lowest increase
- Energy: 3.7%
Historical Context
Current inflation is 1.8% lower than the 5-year average of 6.3%.
- 5-year average
- 6.3%
- 10-year average
- 6.2%
- All-time high (2011)
- 14%
- All-time low (2010)
- 3.8%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +3.2 percentage point.
- Change vs. previous year
- -3.2 percentage points
- Largest monthly swing
- October: -4.2 percentage points
ECB Target
Inflation is 2.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 6.9% | -2.1 |
| February | 6.3% | -2.9 |
| March | 5.7% | -3.5 |
| April | 5.0% | -2.9 |
| May | 5.0% | -3.0 |
| June | 4.6% | -3.3 |
| July | 4.3% | -3.0 |
| August | 4.4% | -2.3 |
| September | 3.6% | -3.2 |
| October | 2.7% | -4.2 |
| November | 2.8% | -4.0 |
| December | 3.0% | -3.6 |
| Average | 4.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.