A visual perspective of the performance of Kenya’s inflation rate

As can be deduced from the table below, the overall rate of inflation has been on the rise for the last couple of months. The most recent data released by KNBS puts the overall rate of inflation at 6.99 percent. This is a major increase from December’s 6.35 percent. January’s rate of inflation marks a record eleven month high since March, 2016.

Between January this year and the same month last year, the lowest inflation rate was recorded in May 2016 at 5.00 percent. Surprisingly, the rate of inflation back in January 2016 was 7.78 percent. This was essentially the largest inflation rate the country hit in the whole of last year. The overall Consumer Price Index rose from 165.37 in January, 2016 to 176.93 in January, 2017.

The table below shows the Overall Consumer Price Indices (CPI) and Inflation Rates as from January, 2016 till January, 2017.

Month Overall CPI Overall Rate of Inflation
Jan-16 165.37 7.78
Feb-16 165.06 7.09
Mar-16 165.92 6.45
Apr-16 167.07 5.27
May-16 167.99 5.00
Jun-16 169.76 5.80
Jul-16 170.84 6.39
Aug-16 170.97 6.26
Sep-16 171.56 6.34
Oct-16 172.62 6.47
Nov-16 173.85 6.68
Dec-16 175.18 6.35
Jan-17 176.93 6.99

 

The graph below together with the featured graph put the tabular data above into visual perspective.

CPI January 2017

Mr. Felix
A Math Nerd and a Computer Geek. Currently a Windows 10 Insider. Interested in AI, big data and AR/VR. Takes a keen interest in developments in the tech, business and social media spheres.
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Mr. Felix

A Math Nerd and a Computer Geek. Currently a Windows 10 Insider. Interested in AI, big data and AR/VR. Takes a keen interest in developments in the tech, business and social media spheres.

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