Euro zone cuts spend on Kenya flowers as inflation bites

Flowers are grown in a greenhouse at a farm in Nakuru County. FILE PHOTO | NMG

Consumers in Europe have cut spending on Kenyan flowers amid a cost of living spike in the western world that has forced households to drop essential purchases such as food and drinks, threatening thousands of jobs locally.

Inflation in the Eurozone — a group of 19 countries which use the euro as a common currency — rose to a fresh record of 10 percent in September from 9.2 percent in the prior month.

PAYE Tax Calculator

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