Economist: Government not to blame for soaring food prices - News Summed Up

Economist: Government not to blame for soaring food prices


By COLLINS OMULOMore by this AuthorA leading Nairobi-based economist has said the government is not to blame for the soaring prices of food and other basic commodities. “The soaring food prices have nothing to do with the government’s style of leadership. “Prices of food may have peaked this month and will start to come down in coming months,” she added. “Kenyans must understand that natural calamities are to blame for the current jolt in prices of essential commodities,” she said. Consumer prices surged to 10.3 per cent in March from 9 per cent in February and in April it was at 11.8 per cent.


Source: Daily Nation May 07, 2017 16:16 UTC



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