Kenya National Bureau of Statistics

The Kenya National Bureau of Statistics (KNBS) is committed to providing statistical services through production and management of quality statistics. KNBS mission is to develop, provide and promote quality statistical information for evidence-based decision making.

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  • C
    • March 2024
      Source: Kenya National Bureau of Statistics
      Uploaded by: Suraj Kumar
      Accessed On: 01 April, 2024
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      Consumer Price Index (CPI) is a key macroeconomic indicator used to monitor price movements and how they affect policy decisions. It is defined as a measure of the weighted aggregate change in retail prices paid by consumers for a given basket of goods and services. Year-on-year inflation is used mainly for economic decision making as current situation is compared to previous year situation, same period. Inflation rate is defined as a percentage change of the CPI between two periods.
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