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The prices of essential commodities such as maize flour, cooking oil and petroleum products have hit record highs this year.
Kenyans have as a result had to dig deeper into their pockets to meet their daily needs, but it could have been worse were it not for government subsidies.
The Central Bank of Kenya's (CBK) Monetary Policy Committee (MPC) in late July noted that while there was an increase in the rate of inflation over the recent months, the increase was moderated by measures implemented by the government to stabilise fuel prices, lower electricity tariffs, and subsidise fertiliser prices.
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