By: Collins Omondi
The national Bureau of Statistics (KUBS) on January 31,the body has vividly relay the overall year rate of inflation by the consumer price index (CPl) was 5.39 percent, In January 2022.This effects comes with the hidden inflation and demand pull inflation in the rise of the imported commodities and the domestic products.
This comes with the decline in the gross domestic product that lead to extension of the decline of the national domestic product; during the era of the pandemic that lead to a total lockdown and curfew to keep the continence of the pandemic.
This time the country used the Government and most of the treasury allocation in the fight of the pandemic. This lead to leakages in the circular flow of income in the economy with no interjections from the tax and returns on the government and the private sector since the tax review had to be done to suit the prevailing situation in the economy.
Even as the report on January 22 that states the increase of commodities to have risen the to 8.89% on food items and 6.84% on transportation which also can be described to the increase price of fuel.
This increase has led to express of displeasure in the constant rise of prices of commodities such as milk and bread, this comes with the increase of some of these commodities like bread by a margin of 20%.However other products are recorded to have risen in price includes ; sugar, cooking oil, bread and wheat flour.
The increment has brought worries to many households as they are in question on how they will feed themselves, children and their pets as they find it hard to deep their pockets deep to get food.It call for the government and parliamentary committee involved in finance and manufacturing to look into the issue to save the humanity.
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