Kenya’s retail spending dips with inflation

Kenya’s retail spending is likely to be lower than that of 2016. (Photo: Courtesy)

Kenya’s retail spending is likely to be lower than that of 2016 pegged on struggling big retailers and high food inflation, Proctor & Gamble Managing Director Vivek Sunder has said.

Speaking to The Standard from the company offices in Nairobi, Mr Sunder said the increased cost of food for the better part of this year squeezed consumers’ pockets, forcing them to cut on expenditure to balance with other needs.