Inflation hits 8.5pc as food, fuel prices surge

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

Consumers endured the sharpest rise in the cost of living in more than five years in August, amid a failed maize flour subsidy, rising fuel costs and a weakening shilling.

Official data released Wednesday showed the cost of living crisis intensified in August on soaring prices of food, energy, transport, housing as well as home appliances and equipment.

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