Inflation to stay above state target until early next year

Patrick Njoroge

Central Bank of Kenya (CBK) Governor Patrick Njoroge. PHOTO | DIANA NGILA | NMG

Kenya’s inflation rate will remain above the government’s target range till early next year before easing towards the target on the back of policy measures, central bank governor Patrick Njoroge said yesterday.

Inflation surged to 9.6 per cent last month after the drought drove up food prices and higher energy costs.

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