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Irony of Kenya's low inflation but empty pockets

Cosmas Limo, a trader in Eldoret city. [File, Standard]

Kenya's inflation rate dropped further to 2.7 per cent in October, even as the cost of living continues to skyrocket amidst enhanced taxes imposed by the government.

The latest Consumer Price Index (CPI) published by the Kenya National Bureau of Statistics (KNBS) shows that in the last 12 months ending October 2024, the inflation rate has dropped by 4.2 per cent.

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