Kenya's Inflation Hits 6.7% in May 2026 Amid Fuel Hikes

In May 2026, Kenya's inflation rate accelerated to 6.7% year-on-year, up from 5.6% in April, according to the Kenya National Bureau of Statistics. This marks the second consecutive monthly increase and the highest inflation level recorded in two years.

The rise in inflation is attributed to higher global energy prices, particularly due to geopolitical tensions involving Iran, which have pressured fuel costs and household spending across the country. The latest figures push inflation close to the upper limit of the government's preferred range of 2.5% to 7.5%.

The increase in inflationary pressure follows recent adjustments in fuel prices by Kenyan authorities in response to the rising global oil prices. The Central Bank of Kenya is expected to address these inflationary concerns in its upcoming monetary policy decision scheduled for June 9, 2026.