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.

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kenyan inflation projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Kenyan inflation.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Kenyan inflation projections.

Want to get access to the full dataset of Kenyan inflation forecasts? Send an email to info@focus-economics.com.