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Originally published by Kenyans
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June 4, 2026
3h ago

Kenyans Cut Down on Household Spending as Fuel and Transport Costs Soar - Report

Kenyans Cut Down on Household Spending as Fuel and Transport Costs Soar - Report

There has been largely a declining sales and reduced customer spending as inflation continues to squeeze household and business budgets...

✨ Key Highlights

Kenyans significantly reduced household spending in May as rising inflation forced businesses to increase prices, according to the latest Stanbic Bank Purchasing Managers’ Index (PMI) report.

  • The headline PMI fell to 46.6 in May, indicating the fastest decline in private sector health since July 2024.
  • Economist Christopher Legilisho highlighted consumer caution due to higher food, fuel, and transport costs.
  • Businesses raised prices at the fastest rate in two-and-a-half years to counter climbing input costs.

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