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Forget dialogue, cost of living not about to come down any time soon

From KNBS, inflation came in at 6.6 per cent in December, a fall from 6.8 per cent the previous month and far lower than the 9.2 per cent when the Kenya Kwanza administration assumed office.

In other words, for the specific basket of goods and services that KNBS uses to compute the Consumer Price Index (CPI), prices rose overall by 6.6 per cent between December 2022 and December 2023. The devil is always in the detail, so within that number, food inflation was 7.7 per cent, fuel inflation was 13.7 per cent and core inflation (non-food, non-fuel)...