CONSUMER PRICE INDICES AND INFLATION RATES FOR  MARCH 2024

The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 5.7 per cent, in March 2024. This means that in March 2024, the general price level was 5.7 per cent higher than that March 2023. This was mainly driven by increases in prices of commodities under Transport (9.7%); Housing, Water, Electricity, Gas and other fuels (8.0%); and Food and Non-Alcoholic Beverages (5.8%) between March 2023 and  March 2024.  Read more

2023/24 Kenya Housing Survey

2023/24 Kenya Housing Survey

Kenya National Bureau of Statistics, together with the State Department for Housing and Urban Development, are conducting the 2023/24 Kenya Housing Survey. This is the second survey of its kind, with the first undertaken in 2011/12.

The main objective of the survey is to provide up-to-date comprehensive data to better inform the Housing and Real Estate sector. In so doing, Kenya’s real estate and housing inventory will be updated. This will be realized in the twelve thematic areas of the survey:

  • Household size and composition
  • Dwelling units’ characteristics
  • Environmental indicators
  • Household expenditure
  • Infrastructure accessed by households
  • Housing regulations
  • Land ownership and tenure
  • Housing affordability
  • Occupancy rates
  • Housing financing
  • Real estate
  • Building professionals’ insights

The survey’s significance is tied to Article 43 (1) (b) of the Constitution, which describes access to housing as a fundamental human right. It further espouses that every person has a right to accessible and adequate housing, and to reasonable standards of sanitation. Data from the survey will provide data to inform policy formulation towards upholding this constitutional requirement.

In addition, findings from the survey will be used to monitor achievements at the national, regional and global stage, to which Kenya has committed, such as Vision 2030, African Union (AU) Agenda 2063, Sustainable Development Goals (SDGs), and the Bottom-up Economic Transformation Agenda (BETA).

Data will be collected nationally between March and May, 2024 from sampled households and institutions. A Household Questionnaire and an Institutional Questionnaire will be administered by Research Assistants by way of Computer Assisted Personal Interviews (CAPI).

KNBS calls on all sampled households and institutions to cooperate with the survey personnel by providing accurate data. As outlined in the Statistics Act, 2006, data provided will be treated in confidence and used for statistical purposes only.

The final report is expected to be released in July 2024.

 

Download 2023/24 Kenya Housing Survey flier here

 

Questions and clarifications may be directed to:

The Director General

Kenya National Bureau of Statistics

P.O Box 30266 – 00100

Nairobi

Email: directorgeneral@knbs.or.ke

info@knbs.or.ke

CONSUMER PRICE INDICES AND INFLATION RATES FOR FEBRUARY 2024

The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 6.3 per cent, in February 2024. This means that in February 2024, the general price level was 6.3 per cent higher than that of February 2023. This was mainly driven by increases in prices of commodities under Transport (10.8%); Housing, Water, Electricity, Gas and other fuels (8.4%); and Food and Non-Alcoholic Beverages (6.9%) between February 2023 and  February 2024.  Read More

CONSUMER PRICE INDICES AND INFLATION RATES FOR JANUARY 2024

The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 6.9 per cent, in January 2024. This means that in January 2024, the general price level was 6.9 per cent higher than that of January 2023. This was mainly driven by increases in prices of commodities under Transport (10.6%); Housing, Water, Electricity, Gas and other fuels (9.7%); and Food and Non-Alcoholic Beverages (7.9%) between January 2023 and  January 2024.  These three divisions account for over 57 per cent of the weights of the 13 broad categories. Read More

Construction Input Price Indices (CIPI) Fourth Quarter 2023

The Kenya National Bureau of Statistics hereby releases Construction Input Price Indices (CIPI) for the fourth quarter of 2023. The CIPI comprises of the Construction Inflation, Overall Construction Cost Indices, Building Cost Indices and Civil Engineering Cost Indices as shown in Tables 1, 2, 3 and 4, respectively. The indices are generated from price data collected from a representative sample of outlets of construction inputs. The data is collected quarterly, with reference to the 15th day of the mid-month of the quarter. Read More

PRODUCER PRICE INDEX FOR THE FOURTH QUARTER, 2023

The Kenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the fourth quarter 2023. The quarterly producer prices are denoted by the last month of the quarter and are collected as at the middle of the quarter. The fourth quarter year on year producer inflation was 10.49 per cent in December 2023 which was lower than 16.26 per cent recorded in December 2022. The index rose from 132.07 in December 2022 to 145.92 in December 2023. Read More

CONSUMER PRICE INDICES AND INFLATION RATES FOR DECEMBER 2023

The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 6.6 per cent, in December 2023. This was mainly driven by increases in prices of commodities under Transport (11.7%); Housing, Water, Electricity, Gas and other fuels (8.3%); and Food and Non-Alcoholic Beverages (7.7%) between December 2022 and December 2023.  Read More

Foreign Investment Survey (FIS) 2023

THE 2023 FOREIGN INVESTMENT SURVEY:

KNBS is implementing the 2023 Foreign Investment Survey (FIS) in collaboration with the Central Bank of Kenya (CBK) and Kenya Investment Authority (KenInvest). Other stakeholders in the process include the Capital Markets Authority (CMA), the Export Processing Zones Authority (EPZA) and the Insurance Regulatory Authority (IRA). Data collection commenced on 15th November, 2023 and is expected to be undertaken until February, 2024. The field personnel involved in data collection are drawn from the collaborating institutions and comprise of Research Assistants, Supervisors and Field Coordinators.

The Survey targets enterprises that had Foreign Assets and Liabilities (FAL) and other cross border flows in 2020, 2021 and 2022; and positions for the years ending 2019 to 2022. These FAL could be in form of equity (shareholding), debt instruments (loans, currency and deposits, accounts payables/ receivables, debt securities and other money market instruments such as corporate bonds), financial derivatives, insurance technical reserves and employee stock options.

The survey also seeks information on other cross border transactions (revenues and expenditures) including international trade in goods and services for the years 2020 to 2022 and investor perceptions on the business environment since 2020.

The FIS is the main source of data on Foreign Direct Investment (FDI) and Private Sector External Debt. Findings from the FIS are used to inform and update the Balance of Payments (BOP) Statistics; and more recently, the International Investment Position for Kenya (IIP). These statements highlight the level and composition of the country’s external assets and liabilities and inform policy interventions aimed at attracting and retaining investment in the country.

These findings are disseminated in the FIS Reports as well as in the BOP and IIP Statements in the quarterly BOP Reports and annual, Economic Survey and Statistical Abstract Reports.

We therefore appeal to the sampled enterprises (respondents) to cooperate by providing the necessary information in the FIS 2023 Questionnaire and accompanying Financial Statements for the period ending 2020, 2021 and 2022. Confidentiality of the information provided is guaranteed as enshrined in the Statistics Act, 2006 from which we derive our mandate. The data is anonymized and disseminated in form of statistical aggregates.

The FIS 2023 Questionnaire and information leaflet have been attached for your use and reference. Previous Foreign Investment Survey Reports can also be accessed via this link:

FIS 2023 PDF QUESTIONNAIRE

FIS 2023 EXCEL QUESTIONNAIRE

Feel free to contact us on the various platforms should you require any additional information related to this and any of the Bureau’s activities.

FIS 2023 Brochure

 

2023 Statistical Abstract

The Statistical Abstract is published annually by the Kenya National Bureau of Statistics. The 2023 Statistical Abstract contains updated statistics covering a series of 5 years or more up to 2022. The Statistical Abstract enables data users to get complete time series data of the Kenyan Economy from one SINGLE official source. The publication therefore contains a comprehensive set of information that is useful for any form of analytical work.’ Read Full Report

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