It is not just this set of items that will retail at higher prices, almost everything will be expensive. When prices rise, people worry whether the rise in their income will keep pace with inflation. And the more quickly prices rise, the more people suffer from the stresses of inflation and its uncertainties. But if you adjust for inflation, you will have a real return of Sh2,000 (or real return). “That is because the inflation there is relatively low, non-existent currently,” says Wanga, noting that their returns are still higher than inflation.
Source: Standard Digital May 22, 2021 06:56 UTC