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Kenya Inflation Hits 6.7% as Central Bank Trims 2026 Growth Forecast
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%, blaming the Middle East war.
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businessdailyafrica.com
Fallouts from Middle East crisis limit CBK fiscal policy options
CBK’s core mandate entails maintaining price stability in the economy and has a set inflation target ranging from 2.5 percent to 7.5 percent.
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Manufacturing and ICT hit as growth forecast cut to 4.9pc
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 agriculture sector, which represents one-fifth of…
