SHOCK as CBK report reveals that 51% of Kenyans are living from hand to mouth-Kenya is headed to the dogs.

Wednesday, April 3, 2019-A report released by Central Bank of Kenya(CBK) indicates that 51% of Kenyans are living from hand to mouth.

This is a rise from 34.3%  in 2016.

The rise in  cost of  living has forced many Kenyans to live from hand to mouth as they struggle to make ends meet.
The new report was released on Wednesday by CBK and Finacess Household Survey(FSD).

According to  CBK acting director of research, Raphael Otieno, bad climate can also be blamed for the inflation.

 Otieno noted  that a  drop in agriculture activity has taken a toll on food production, leading  to a rise in inflation.

''Kenyans continue to take a beating from a poor climatic condition that continues to take toll on food production. This stretched inflation during the period under review, forcing households to spend more on basic needs," Otieno said.

The survey was conducted in 8,699 household across the coutry.

40%  of the sampled house-holds were urban and 60% from the rural.


Leave a Comment




Email *

Message *

Odibets announces free deposits to customers has announced free deposit offers to their customers. This declaration was revealed to journalists during their briefing to j...

2012 The Kenyan DAILY POST. All Rights Reserved. - Designed by Denno