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Commodity Watch

20 Household Commodities Whose Prices Have Increased Rapidly

BY Lynnet Okumu · March 24, 2022 09:03 am

KEY POINTS

Millers have warned of a possible price jump on wheat flour attributable to global wheat prices, which have shot up from USD 345 (approximately 39,295 shillings) per ton to USD 460 (52,394 shillings) per ton over the last day.

KEY TAKEAWAYS

Sugar retails highest at 260 shillings per 2Kg, Wheat flour goes for 170 shillings per Kg, and the 400g bread cost 60 shillings up from 55 shillings a month ago.

Kenyans are going through a tough economic phase as they face numerous pressing problems that have come along with the rising cost of living. The ever-escalating food basket is forcing many to dig deep into their pockets to purchase common essential commodities. Very soon it might be survival for just a few who are fit.

Kenya now falls among countries with a high cost of living in the world with all the pain trickling down to the Mwananchi. Across the major supermarkets, sugar retails highest at 260 shillings per 2Kg, Wheat flour goes for 170 shillings per Kg, and the 400g bread cost 60 shillings up from 55 shillings a month ago.

Here is a table showing the top 20  basic commodities and their highest prices as of March 2022:

Read More: Commodity Prices in Africa Skyrocket as Russia-Ukraine Rages On

Millers have warned of a possible price jump on wheat flour attributable to global wheat prices, which have shot up from USD 345 (approximately 39,295 shillings) per ton to USD 460 (52,394 shillings) per ton over the last day.

The dire situation carries on eroding the purchasing power of consumers and hampering their standards of living.

Experts have predicted that in the coming months, prices will go up even further than the prices registered across the country in the same period in 2021.

Most counties across Kenya continue facing a prolonged drought that has been caused by delays in the long rains, with almost 3.5 million people projected to face hunger before the end of 2022.

Increased food prices, soaring fuel prices, and now an election year. Kenyans should prepare for a further rise to the food bills. The crisis in eastern Europe is also a cause for worry as the effect has already spilled off and caused a hike in transport prices, energy bills, and the cost of manufactured goods.

Read More: Commodity Prices Continue Rising as 2KG Unga Hits Kshs.140

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