Kenya | Consumer price index (2010 = 100)

Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Republic of Kenya
Records
63
Source
Kenya | Consumer price index (2010 = 100)
1960 0.74124428
1961 0.75945667
1962 0.78313278
1963 0.7885965
1964 0.78781338
1965 0.81600551
1966 0.85692326
1967 0.87199821
1968 0.87519593
1969 0.87369496
1970 0.89281601
1971 0.9265663
1972 0.98060035
1973 1.07161178
1974 1.26246528
1975 1.50385096
1976 1.67602732
1977 1.92443073
1978 2.25027115
1979 2.42982822
1980 2.76655823
1981 3.08756346
1982 3.72566139
1983 4.15030418
1984 4.57712554
1985 5.17245241
1986 5.30353663
1987 5.76163879
1988 6.46830166
1989 7.3602363
1990 8.66901986
1991 10.41014877
1992 13.25548857
1993 19.35021392
1994 24.92585992
1995 25.31328958
1996 27.55708169
1997 30.68807461
1998 32.75106095
1999 34.63162722
2000 38.08787233
2001 40.27358227
2002 41.06347134
2003 45.09413465
2004 50.33589289
2005 55.52692196
2006 63.55263568
2007 69.75466128
2008 88.0581565
2009 96.18955755
2010 100
2011 114.02249396
2012 124.71525832
2013 131.8458452
2014 140.91440678
2015 150.1896388
2016 159.64731694
2017 172.42823858
2018 180.51481218
2019 189.96631502
2020 200.23364228
2021 212.46973828
2022 228.73827962

Kenya | Consumer price index (2010 = 100)

Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Republic of Kenya
Records
63
Source