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    1.0.32

    Kenya May 2017 Inflation Rate Rises Further to 11.70%

    The Kenyan
    By The Kenyan Wall Street
    - May 31, 2017
    - May 31, 2017
    Kenya Business news
    Kenya May 2017 Inflation Rate Rises Further to 11.70%

    Consumer prices in Kenya jumped 11.70 percent year on year in May of 2017, following a 11.48 percent rise in the previous month. This was the highest inflation rate since May of 2012 mainly driven by increase prices of basic food items.

    Food and non alcoholic beverages rose by 1.26% mainly driven by a 23.3 percent rise in sugar prices from Sh 136.45 to Sh 168.18 for a kilogram of the commodity. There was also a notable increase in prices of maize grain by 14.5 percent as shown in the table below courtesy of Ramah Nyang;

    The Kenyan Wallstreet

    Kenya’s May inflation rate of 11.70 percent is ranked as the world’s 27th highest recorded inflation rate and the 17th highest in Africa as shown below.

    LastPreviousHighestLowest
    1. Venezuela741.00Feb/178008003.22%Monthly
    2. South Sudan272.60Apr/17305836-14%Monthly
    3. North Korea55.00Jul/1370437630%Monthly
    4. Syria51.10Aug/1652.5121-31.05%Monthly
    5. Suriname41.80Mar/1745.3586-11.68%Monthly
    6. Argentina40.50Apr/163520263-7%Monthly
    7. Central African Republic38.04Feb/1638.0451.73-10.67%Monthly
    8. Congo36.27Mar/1736.295111.35%Monthly
    9. Angola34.80Apr/1736.522416.89%Monthly
    10. Sudan33.50Feb/1732.86182-1%Monthly
    11. Egypt31.50Apr/1730.935.1-4.2%Monthly
    12. Libya27.20Mar/1725.731.1-4.2%Monthly
    13. Mozambique21.27Apr/1721.5726.351.05%Monthly
    14. Burundi21.10Mar/1720.944.93-6.27%Monthly
    15. Sierra Leone19.80Feb/1718.7256-39.84%Monthly
    16. Nigeria17.24Apr/1717.2647.56-2.49%Monthly
    17. Malawi14.60Apr/1715.837.96.3%Monthly
    18. Haiti14.30Mar/1713.942.46-4.7%Monthly
    19. Azerbaijan13.50Apr/1713.225.4-1.8%Monthly
    20. Liberia13.31Feb/1713.8326.54-5.69%Monthly
    21. Ghana13.00Apr/1712.8630.4%Monthly
    22. Rwanda12.90Apr/171328.1-15.8%Monthly
    23. Iran12.60Apr/1711.959.02-3.27%Monthly
    24. Eritrea12.50Dec/1511.434.7-1.38%Yearly
    25. Ukraine12.20Apr/1715.1530-1.2%Monthly
    26. Turkey11.87Apr/1711.29139-4.01%Monthly
    27. Kenya11.70May/1711.4831.53.18%Monthly
    28. Myanmar9.94Jul/1611.1916.220.28%Monthly
    29. Yemen9.49Nov/148.4924.770.71%Monthly
    30 .Gambia8.80Feb/178.875.64-10.91%Monthly

    The Kenyan Wall Street

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