MPC meets as tax-driven inflation jitters increase

Central Bank of Kenya Governor Patrick Njoroge. FILE PHOTO | NMG

The Central Bank of Kenya (CBK) policy-making body will hold its bi-monthly meeting Tuesday with tax-instigated consumer and producer inflation the key issue on the table.

The introduction of an eight per cent value-added tax (VAT) on petroleum products and other levies are tipped to drive headline inflation in the coming months.

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Note: The results are not exact but very close to the actual.