Feb 27 • 09:38 UTC 🌍 Africa AllAfrica

Kenya: Sugar, Wheat Flour, Mangoes and Electricity Prices Fall in Feb

In February, key commodity prices in Kenya, including sugar and wheat flour, saw a decline, contributing to a decrease in inflation to 4.3 percent.

In February, prices for essential commodities like sugar, wheat flour, mangoes, and electricity in Kenya saw a significant drop, leading to an easing of inflation rates. The Kenya National Bureau of Statistics (KNBS) reported that inflation decreased to 4.3 percent, down from 4.4 percent in January. This drop reflects a wider trend of decreasing prices for several basic goods helpful for many consumers navigating the cost of living in the country.

The price of sugar reduced by 4.4 percent, falling from Sh174.17 to Sh166.45 per kilogram, signaling relief for households that rely heavily on this staple. Similarly, wheat flour prices also dropped by nearly one percent, which is critical given that flour is a primary component in many Kenyan diets. Mangoes saw a decline of 3.2 percent, which, while a smaller part of the monthly budget for most households, still adds to the overall easing of consumer prices. The cost of electricity also saw a reduction, indicating that energy prices are becoming slightly more manageable for consumers.

Beyond these items, the overall trend points to a slight decrease in the prices of various essentials, including cooking gas and petroleum products. For consumers, this decrease in commodity prices may offer a much-needed respite as Kenyans continue to grapple with the economic pressures primarily influenced by global market fluctuations. The government's policy measures or market adjustments leading to these price changes could play an important role in supporting this trend, which will be closely monitored in subsequent months for any potential reversals.

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