Kenya: Inflation stabilizes in December
Latest reading: Consumer prices were up 4.5% on a year-on-year basis in December, stable from the previous month’s reading. Accordingly, inflation in 2025 as a whole came in at 4.1% (2024: 4.5%) the lowest level since 2010, and below the midpoint of the Central Bank’s 2.5–7.5% target band.
Relative to the prior month’s figures, there were higher price pressures for food and non-alcoholic beverages (+7.8% in annual terms vs +7.7% in November) and transportation (+5.2% vs +5.1% in November). In contrast, there were milder price pressures for housing, water, electricity, gas and other fuels (+1.6% vs +1.9% in November) and clothing (+1.5% vs +3.0% in November).
Lastly, consumer prices rose 0.64% in December in month-on-month terms, following a 0.16% increase in the prior month.