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December pinch as shilling slides, petrol nears Sh100 a litre

An attendant fuels a car at a Nyeri petrol station. Kenyan consumers are facing deep erosion of their buying power ahead of the December festive season marked by a weakening shilling and rising petrol prices. PHOTO | FILE

Kenyan consumers are facing deep erosion of their buying power ahead of the December festive season marked by a weakening shilling and rising petrol prices.

The shilling has in recent days sunk to a nine-month low against the US dollar, while petrol prices are racing towards the Sh100-a-litre mark. 

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

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