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Workers' shrinking payslips add to pain of cost of living

Real earnings (purchasing power) have been declining since 2020. [iStockphoto]

Kenyan employees find themselves grappling with a multitude of financial challenges as the country's inflation rate has risen by a significant 8.5 per cent in the past year.

This surge in inflation has driven up the cost of living, causing distress across all sectors of society. The 2023 Economic Survey shows that real earnings (purchasing power) have been declining since 2020.

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