A report by the Kenya National Bureau of Statistics (KNBS) shows that Kenyans are digging deeper into their pockets to afford basic food commodities. This is after the retail prices for basic food items shot up sharply in the month of July compared to June. The KNBS data showed that food prices surged by 15.3 per cent in a year for the period under review and by 1.1 per cent from the month of June. The report showed that food items had the most worrying prices in the month of July despite the fuel subsidy implemented by the government to cushion Kenyans against the high cost of living. Daily NationA recent consumer report showed that Kenyans were forced to cut costs on ‘luxuries’ as the price of petrol continued to rise month-after-month.
Source: Daily Nation July 29, 2022 17:15 UTC