The 2024 Gross County Product (GCP) Report released in January 2025 is based on data collected and compiled in December 2024.
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The report indicates that the residential market featured a variety of property types, with three-bedroom flats being the most common (23.3%).
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The report also shows that inflation eased to an average of 4.08% in the third quarter of 2024 from 6.93% in the same period last year, mainly driven by lower prices of food and non-alcoholic beverages.
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Prices of diesel and petrol, however, declined by 1.8 per cent and 2.4 per cent, respectively, between November 2024 and December 2024.
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The survey report illustrates the digital divide by examining ICT devices and service usage and ownership at the individual and household levels.
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The 2024 FinAccess Household Survey Report has revealed that financial inclusion in Kenya has seen a slight improvement. Eighty-four per cent of the adult population now has access to financial services, up from 83.7 per cent in 2021. Meanwhile, the report,
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Smartphone ownership stands at 49.1% nationally, with a significant urban-rural divide: 70.2% of urban males own smartphones compared to 35.3% of rural males.
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The overall index increased from 140.44 in October 2024 to 140.81 in November 2024, resulting in an inflation of 0.3 per cent over that period.
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