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Kenya inflation slows to 3.8% year-on-year in May


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Kenya inflation slows to 3.8% year-on-year in May

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30th May 2025

By: Reuters

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Kenya's inflation fell to 3.8% year-on-year in May from 4.1% a month earlier, the statistics office said on Friday.

In month-on-month terms inflation was 0.5% in May from 0.3% a month earlier, the Kenya National Bureau of Statistics said in a statement.

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The office said the food and non-alcoholic beverages index was up 6.3% compared with May 2024, while the transport index rose 2.3% over the same period.

Kenya's inflation remains well within the central bank's 2.5% to 7.5% target range.

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The central bank is due to announce its next lending rate decision on June 10.

In April the bank cut its policy interest rate for the fifth meeting in a row to 10.0%, a surprise move aimed at further stimulating private sector lending.

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