Kenya’s Inflation Eases to 4.3% in February as Fuel Prices Fall

Kenya's inflation rate eased slightly in February, with the Consumer Price Index (CPI) from the Kenya National Bureau of Statistics (KNBS) showing mixed movements across key sectors.

Food prices remain a major contributor to household expenses, with vegetables experiencing notable price increases. Sukuma wiki rose by 2.4%, while cabbage and potatoes both climbed by 4% between January and February. The hospitality sector also saw price adjustments, with hotel and restaurant meals increasing by 0.8%, and guest house accommodation rising by 0.6%.

Education costs continued to rise, albeit modestly. Fees for certificate courses grew by 0.1%, part of a broader 3% annual increase in the education index. Health services also became more expensive, with higher charges for hospital services and medicines, including dewormers and blood pressure drugs.

Personal care and clothing categories saw mixed changes. Hairdressing services increased by 0.1%, while toilet paper and tissue products saw a sharper rise of 1.4%. In the apparel sector, men’s shirts surged by 4.1%, and coats rose by 2.7%, along with higher tailoring and repair costs. Insurance and financial services also saw small price hikes, with medical and vehicle premiums increasing by 0.2%, contributing to a 0.7% year-on-year rise.

Transport costs provided some relief to consumers. Fuel prices fell by 2.3% for both diesel and petrol, and bus and matatu fares dropped by 1.4%, helping to offset increases in other sectors.

Overall, the inflation rate declined slightly from 4.4% in January to 4.3% in February. Although this marks a small improvement, rising costs in essential sectors such as food, health, and education continue to place significant pressure on household budgets.