Cost of goods rises as consumers reject Sh1 coins

The new Sh1, Sh5, Sh10 and Sh20 coins. PHOTOS | NMG

Majority of shoppers have stopped using Sh1 coins, a spot check by Business Daily has shown.

The preference for higher-value coins and crisp notes is fuelling a new wave of inflation as retailers prefer to increase prices in multiples of fives and tens to avoid the low-value currency.

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