Expectations for CPI inflation one year ahead – as measured by the Bureau for Economic Research among analysts, businesses and unions – drifted marginally higher over the past year but, at 6,2 per cent, they are still very close to the 6,0 per cent average of the past five years.
This is above the statutory minimum limit of 20 percent. •  The sector’s profit before tax increased by 2.1 percent from Ksh.76.9 billion in June 2015 to Ksh.78.5 billion in June 2016. Nevertheless, despite the sector’s resilience, some difficulties emerged over the last year culminating in the placement under receivership of three banks (Dubai Bank, Imperial Bank, and Chase Bank).