Inflation rate drops to 4.5 per cent in November
Business
By
Esther Nyambura
| Nov 28, 2025
Kenya’s inflation rate for November dropped to 4.5 per cent, down from 4.6 per cent in October, the latest Kenya National Bureau of Statistics (KNBS) report shows.
According to the report, the reduction was driven by lower prices of housing, water, electricity, gas and other fuels, which fell by 0.1 per cent.
Electricity alone in both the 50 kWh and 200 kWh categories declined by 1.7 and 1.5 per cent, respectively.
"The year-on-year inflation rate stood at 4.5 per cent in November 2025, a slight decline from an inflation of 4.6 per cent in October 2025," read the report.
This decrease occurred despite rising costs of several food and services, including health and transport.
READ MORE
Afreximbank steps in after IMF, World Bank delay Kenya's funds
Why local businesses are in race to tap China's duty-free boom
NSE eyes IPO pipeline to unlock private capital firms' exit plans
Geminia Life profit jumps 110pc to Sh149m, assets hit Sh3.7b
APA Apollo Group reports 14 per cent growth in insurance revenue
'Joint venture in reverse': foreign carmakers seek edge with China partners
Why Equity Bank has been named overall best bank
Changes in carbon market rules threaten Kenya's Sh80b revenue
However, despite a 0.3 per cent increase in food and non-alcoholic beverages, for instance, several food commodities recorded price drops in November.
Fortified and sifted maize flour went down by 3.8 and 3.2 per cent, respectively.
Tomato, sugar and beans prices also declined by 2.1, 1.1 and 0.2 per cent.
Other commodities such as petrol, diesel and kerosene remained constant in November.
This is the first time the inflation rate has dropped since it began rising in July.