How firms are navigating rising input expenses

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Manufacturers are battling cost pressures emanating from new and higher taxation measures. PHOTO | SHUTTERSTOCK

Kenya’s manufacturers have quietly been devising strategies to mitigate operating expenses and stimulate sales in the face of falling consumer demand as a result of elevated living costs amid negative real earnings for workers.

High inflation at a time when employers have frozen pay raises has also negatively impacted producers of goods, making them rethink marketing and expansion strategies.

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Note: The results are not exact but very close to the actual.