Central Bank of Kenya Governor Patrick Njoroge. [Photo/Standard Media]Central Bank of Kenya Governor Patrick Njoroge said on Tuesday that inflation might reduce to within the preferred range as food prices keep falling following an estimate of lower inflation in the next two months.
"We expect in the next two months inflation will continue to come down but within this quarter it will breach the 7.5 percent mark," said Njoroge at a press briefing.
"As of now, we are on a solid ground that this will be coming down into the target definitely in the next two months or so," he added.
Kenya has been on the struggle with high inflation majorly caused by increasing food prices outside the monetary control.
"Non-food-non-fuel {NFNF} inflation has remained below 5 percent over the last seven months, suggesting that demand pressures remain subdued," he said.
The Kenya National Bureau of Statistics (KNBS) partly confirmed the drop in food prices after the rains that have boosted supplies.