Kenya: Experts Project Inflation Drop

Publisher:
KENYA Citizen TV
Publication Date:
29 August 2012
Tags:
Kenya, Economy, Business and Finance

Analysts are projecting that the rate of inflation could decline to below 6 percent this month, supported by falling fuel and food prices. They also hope that with falling inflation, coupled with persistent prodding by the Central Bank's Monetary Policy Committee which is set to meet again next week, commercial banks will eventually lower their lending rates.

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