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Kenya growth and inflation down, rates may be next

Kenya's economic growth slowed in the first quarter of 2012 from a year ago and data showed inflation had slowed further in June, strengthening the case for a start to monetary policy easing.

The Kenya National Bureau of Statistics said on Friday gross domestic product in east Africa's biggest economy grew 3.5 percent in the first quarter of 2012 from 5.1 percent a year earlier, the slowest first quarter growth since 2008.

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