Kenya’s annual inflation rose to 4.1% in April, up from 3.4% in March, driven by a tight supply of key food items. Food and drink prices rose 7.1% YoY, and planned fuel price hikes may drive further inflation. With CPI approaching the upper end of its 2.5%–7.5% target, the central bank may pause its easing cycle, which has cut rates by 300 bps since August.