Kenya’s inflation dropped to 3.6% year-on-year in September, down from 4.4% the previous month, according to the statistics office.
Month-on-month, inflation was at 0.2%, compared to 0.0% in the previous month, as reported by the Kenya National Bureau of Statistics.
The Kenyan government aims for an inflation rate between 2.5% and 7.5% in the medium term.
The central bank will announce its next interest rate decision on Oct. 8.
In August, the central bank reduced its benchmark lending rate by 25 basis points, citing the opportunity to gradually ease policy due to inflation falling below the midpoint of its target range.
