8 in 10 urban Kenyans say incomes stagnant or falling amid rising living costs

Nearly eight in ten Kenyans living in urban areas say their income has either stagnated or declined this year, underscoring the strain many households face amid rising living costs and slow wage growth. This is according to the latest quarterly investor pulse report by ICEA lion group. The survey, which tracked the spending habits of 1,000 urban consumers across Kenya, paints a complex picture: while the economy continues to show resilience at a macro level, everyday financial realities for many Kenyans remain challenging