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Prices rise by over 50pc from January

Photo courtesy of cooking oil and packets of maize flour on the shelves of a shop.

Kenyans have woken up to disturbing news following a drastic skyrocketing of prices of two pivotal highly consumed food commodities which are maize flour and cooking oil.

According to a news publication by today's Daily Nation, Kenyans will be forced to spend more on the purchase of maize flour and cooking oil if the prevailing market prices of this commodities are anything to go by.

According to the publication, a 2Kg packet of maize flour which was retailing at a cost of Ksh 126 on the month of January this year has seen its price skyrocket to an hitherto of untouched heights with the current market price prevailing at Ksh 230.

The price of 1 litre of cooking oil has risen exponentially with the current market price being Ksh 460. This price is presumably very high when compared to how the same amount of cooking oil was retailing in the month of January, that is, Ksh Ksh 305.

https://nation.africa/kenya/business/prices-rise-by-over-50pc-from-january-3867980

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Daily Nation Kenyans

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