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Inflation rate creeps up as CBK retains benchmark rate at 8.5pc

CBK Governor Prof Njuguna Ndung’u cited stability in the overall inflation as a key reason for holding  Central Bank Rate unchanged for the seventh consecutive time.

By JAMES ANYANZWA AND MACHARIA KAMAU

NAIROBI, KENYA: The cost of living went up slightly in April following a rise in prices of most goods and services as inflation rate rose to 6.41 per cent from 6.27 per cent in March.

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