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Originally published by Nation Business
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business
April 17, 2026
2h ago

CBK: Inflation to hit 6.2pc mark in July

CBK: Inflation to hit 6.2pc mark in July

Regulator says prolonged Middle East conflict will push the cost-of-living measure to its highest since 2024...

✨ Key Highlights

The Central Bank of Kenya (CBK) forecasts inflation to reach 6.2 percent in July, driven by elevated fuel costs and a prolonged Middle East conflict which is impacting global oil supply chains.

  • Inflation is projected to peak at 6.2% in July 2026.
  • The CBK is the key organization issuing the forecast.
  • This rise in inflation is expected to further erode workers' purchasing power, continuing a trend of negative real wages for five consecutive years.

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