This is as a result of rising commodity and food prices which has been occasioned by strains in the supply chains amid rising demand, as households move to stock reserves. Traders have warned of a sharp price increase in the markets, despite the government warning against increase in costs of items. “If the Coronavirus cases keep on increasing, it is going to be tough because already the demand of goods is high but the supply is low. The curfew has also disrupted transport, therefore we will be forced to increase food prices,” Brian Mutuma, a trader in Nairobi said. The Agriculture CS Peter Munya has since warned Kenyans against panic buying, saying it could trigger an increase in commodity prices.
Source: The Star April 06, 2020 00:56 UTC