Kenya’s inflation rate remained unchanged at 4.6% year-on-year in October, according to new data released by the Kenya National Bureau of Statistics (KNBS) on Thursday, marking a continuation of the country’s stable price trend over recent months.
The report showed that food and non-alcoholic beverages, which account for the largest share of Kenya’s consumer basket, rose slightly by 0.5% month-on-month, driven by higher prices of maize flour and vegetables. However, declines in fuel and electricity costs helped to offset the increase, keeping overall inflation steady within the Central Bank of Kenya’s (CBK) target range of 2.5% to 7.5%.
Analysts say the stability signals that monetary tightening measures introduced by the CBK earlier in the year are helping to contain inflationary pressures, even as global energy prices fluctuate. “The CBK’s policies have maintained price stability while supporting moderate economic recovery,” said David Ndii, a Nairobi-based economist.
As reported by Reuters, Kenya’s economy is expected to grow by around 5% in 2025, supported by easing inflation, improved agricultural output, and lower import costs.
