Kenya's Inflation Drops to 4.3% in February 2026

In February 2026, Kenya's inflation rate decreased to 4.3%, as reported by the Kenya National Bureau of Statistics (KNBS). This marks a significant easing of pressure on interest rates, with the Central Bank of Kenya (CBK) having consecutively reduced borrowing costs for ten straight meetings.

The inflation rate remains below the 5% target, indicating a stable economic environment. The general price level in February 2026 reflects moderate price pressures across key sectors, which collectively account for 57% of the total weight across 13 major expenditure categories.

The monthly movement in food prices showed a mixed trend, while core inflation, excluding volatile items like fresh food and fuel, fell moderately by 2.1%. This decline in underlying price pressures provides the CBK with the opportunity to continue its accommodative monetary policy to support growth.

Comparatively, South Africa's inflation trends reflect a broader regional moderation, suggesting that Kenya is managing inflation effectively.