Agriculture Sector Survey of March 2026
Summary
The Central Bank of Kenya published its March 2026 Agriculture Sector Survey on April 17, 2026. The survey found that respondents expect stable food prices in the near term due to favorable weather conditions and exchange rate stability. However, the majority anticipate inflation will rise over the next one to three months, largely driven by expected adverse effects of the US-Israel-Iran conflict, particularly through higher global oil prices. Key indicators include the central bank rate at 8.75% and inflation at 4.39%.
What changed
The Central Bank of Kenya released its Agriculture Sector Survey for March 2026, reporting that agricultural sector respondents expect stable food prices in the near term, supported by favorable weather conditions and exchange rate stability. The survey indicates that most respondents anticipate inflation will rise over the next one to three months, primarily due to expected adverse effects of the US-Israel-Iran conflict on global oil prices.
This publication is informational in nature and does not create new compliance obligations for regulated entities. Agricultural firms, food producers, and financial institutions may use these survey results for planning purposes, as they reflect market expectations regarding near-term price and inflation trends in Kenya.
Archived snapshot
Apr 18, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Agriculture Sector Survey of March 2026
Respondents to the March 2026 Agriculture Sector Survey expect stable food prices attributed to favorable weather conditions and stability in the exchange rate to support stable inflation in the near term. However, the majority anticipate that inflation will rise over the next one to three months, largely driven by the expected adverse effects of the US–Israel–Iran conflict, particularly through higher global oil prices. Read more…
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| Posted On: 17-04-2026 |
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