By
Kepha Muiruri
Business Reporter
Nation Media Group
The Central Bank of Kenya (CBK) expects inflation to peak lower than previously projected, amid anticipation that the US-Israel war against Iran will be resolved soon.
Kenya’s inflation edged up to 6.5 percent in July from 6.4 percent in June, driven by higher transport costs.
By
Kepha Muiruri
Business Reporter
Nation Media Group
The Central Bank of Kenya (CBK) expects inflation to peak lower than previously projected, amid anticipation that the US-Israel war against Iran will be resolved soon.

CBK’s core mandate entails maintaining price stability in the economy and has a set inflation target ranging from 2.5 percent to…

Kenya inflation rose to 6.7% in May 2026 as the central bank held rates at 8.75% and cut its 2026 growth forecast to 4.9%,…

April inflation rose at the quickest pace in seven years to 5.6 percent from 4.4 percent as the global oil price shock hit home.

The rise in Kenya’s inflation contrasts with trends in some other African economies. In Zambia, annual inflation slowed to 6.6…

Rising fuel prices linked to the Iran conflict have pushed Kenya’s inflation to a 16-month high.

The Kenyan economy grew at a slow rate of 4.6 percent last year from 4.7 percent in 2024 on lower-than-expected output from the…