Kenya Consumer Price Indices Rebasing Report-March 2020

Every month KNBS conducts a retail price survey whose results are used in
compilation of Consumer Price Indices and Rates of Inflation. The CPI continues to
be a key statistic with a number of uses both at the national and international level.
In this regard, the index is used as an indicator of macroeconomic performance, a
determinant in the supplier/debtor price variations, a determinant in the
employer/employee wage negotiations, a determinant in indexation of pension
benefits etc. All these uses have to do with the value of money. Hence it is
imperative that the Bureau continues to collect prices, compile and disseminate the
CPI with a high level of accuracy so as to remain a credible source of this important
statistic.