List Of Six Commodities Whose Price Is Set To Rise This Month

Kenyans are to continue digging deeper into their pockets to put food on the table as CBK lists six more food items whose prices are projected to increase in October 2023 owing to current market conditions.

According to the Agriculture Sector Survey Report that was released in September 2023 by the Central Bank of Kenya (CBK), sugar and cooking oil prices are expected to rise following the increase in electricity costs and high importation costs.

Other commodities that prices are set to increase are rice, beans, and green grams owing to low production in the farms.

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“The price of processed and unprocessed milk could creep up as farmers supplement the green pasture with processed feeds as they await the short rains to commence.

“Sugar prices could be moderated by the expected reopening of sugar factories in October which may coincide with the sugarcane harvest,” read the report in part.

However, the report did not detail the expected price rise. With the expected increase, Kenyans could be forced to adopt more cost-saving techniques given that the six food items are expensive yet essential.

Currently, 1 litre of cooking oil retails between 288 shillings to 300 shillings depending on the brands. 1 litre of fresh fry cooking oil retails at 300 shillings.

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On the other hand, at Naivas supermarket, 1kg of sugar retails at 210 shillings to 240 shillings depending on the brand. Naivas local sugar is currently retailing at 210 shillings while Kabra sugar retails at 220 shillings.

“The Balance of Opinion points to a decline in the expected retail prices of grain maize and maize products in October 2023 with the ongoing harvest in most parts of the country,” read the report on the part.

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A 2-kilogram packet of maize flour at Naivas supermarket retails between 180 shillings to 240 shillings. A 2 kg packet of Jogoo maize flour currently retails at 177 while a 2 kg packet of Pembe maize flour retails at 186 shillings.

A 2 kg packet of Amaize maize flour retailing at 235 shillings while Raha premium maize flour goes for 240 shillings.

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