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No respite for broke Kenyans amid soaring prices of goods

Shoppers

Customers shop for maize flour at Cleanshelf Supermarket in Nakuru City in mid April. The cost of living has risen by 6.7 per cent in the year to August driven by a sharp increase in the cost of basic commodities. 

Photo credit: File | Nation Media Group

What you need to know:

  • Sugar prices have gone up by 61.4 per cent, beans by 27.9 per cent, maize flour 9.6 per cent and cooking oil 18.5 per cent.
  • President Ruto had in April vowed that it would take two months for the shilling to gain stability.

The cost of living has risen by 6.7 per cent in the year to August driven by a sharp increase in the cost of basic commodities, underlining the arduous task President William Ruto has faced in fulfilling his pledge to cushion citizens.

According to data from the Kenya National Bureau of Statistics (KNBS), sugar prices have gone up by 61.4 per cent, beans by 27.9 per cent, maize flour 9.6 per cent and cooking oil 18.5 per cent.