Inflation is likely to remain in the double-digit zone in the next month even as fresh food and fuel prices fall, market watchers have said.
Analysts at Commercial Bank of Africa, Genghis Capital and Cytonn Investments say the inflation rate in June is likely to fall by less than a percentage point and should remain elevated above the preferred CBK range of five per cent, plus or minus 2.5 percentage points, until the third quarter of the year.
