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;

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.