Analysis of Inflatory Mitigation Measures Adopted by Households in Mbita Division of Mbita Sub-County, Kenya

Abstract

Purpose: The purpose of this study was to establish mitigation measures adopted by the government of Kenya for the households in the current inflationary conditions of the market. Methodology: The study adopted descriptive and correlational research designs. The study was pegged on the quantity theory of money. A sample size of 374 heads of households was selected from a total of 13,789 households in the Division. The individual respondents were drawn using simple random sampling technique. Primary data was gathered with the help of questionnaires, key informant interviews, focused group discussions and observation. Secondary data was collected from government statistical abstracts, household’s records and relevant text books. Regression as a tool of analysis was utilized to reveal the existing relationship among the variables and coefficient of determination to show the strength of the established model. The reliability of the data collection instrument was tested using the internal consistency technique. The Cranbach’s Coefficient Alpha was computed to determine the correlation among the items. Findings: Most of the households started consumption tradeoffs by having one meal a day and went on with one meal a day, treated themselves locally without attending the hospitals, resulted to walking on foot and most people used up their savings. The research was self-funded and there was no conflict of interest. Conclusions: The study has revealed that most of the households in Mbita Division of Homa County reduced their expenditures due to inflation rates increase. Recommendations: Policy makers should adopt training programs targeting Mbita residents on the saving culture and diversifying source of income as intervention measues during inflation periods. The study also recommended further research to be done on other mitigation measure in adopted in other regions.