FX.co ★ Kenya's Consumer Price Index (CPI) Drops to 5.00% in April 2024

In April 2024, Kenya experienced a decrease in its Consumer Price Index (CPI) to 5.00%, down from the previous month's 5.70% in March 2024. The data, which was updated on April 30, 2024, shows a shift in the country's inflation rate. This drop in the CPI indicates a potential decrease in the overall price levels of goods and services in the country during that period.

The comparison period for this change is year-over-year, which means that the current indicator of 5.00% in April 2024 is being compared to the same month a year ago. This data provides valuable insights into Kenya's economic stability and the impact of inflation on its citizens. As the country continues to monitor its CPI, fluctuations in the index can have far-reaching effects on various sectors of the economy, including consumer spending, investment decisions, and overall economic growth.