CBK projects lower inflation peak on Middle East conflict resolution

Governor of the Central Bank of Kenya (CBK) Dr Kamau Thugge appearing before the National Assembly Departmental Committee on Finance and National Planning at Bunge Tower, Nairobi on July 21, 2026. 

Photo credit: Dennis Onsongo | 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.

The CBK projects inflation will peak at 6.8 percent in January 2027 before easing in subsequent months, compared with its June projection of 7.2 per cent in February 2027.

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