The Central Bank of Kenya (CBK) projects inflation could peak at 6.2 percent in July 2026 due to the ongoing Iran conflict, which is driving up oil prices. Meanwhile, China's economy has demonstrated stronger-than-expected growth of 5% in the first quarter, defying global economic disruptions including the conflict involving Iran. The CBK's projection comes as the Kenyan government proposes a reduction in Value Added Tax (VAT) on petroleum products, aiming to alleviate consumer costs.









