Inflation easing offers glimmer of hope on cost of living crisis

Naivas-fruits

Households have trimmed non-essential spending under the weight of rising costs. FILE PHOTO | NMG

Kenya’s inflation slowed for the second month in a row on easing food prices but remained above the central bank’s upper target of 7.5 percent, the statistics agency reported Friday.

Inflation — a measure of cost of living over the last 12 months— slowed to 9.1 percent in December from 9.5 percent a month earlier.

PAYE Tax Calculator

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