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Wheat, maize prices up in August on new customs levy

Flour

Average retail price of wheat per kilogramme in Kenya rose at the sharpest rate of 10.9 percent to Sh106.32.

Photo credit: Shutterstock

What you need to know:

  • Average retail price of wheat per kilogramme in Kenya rose at the sharpest rate of 10.9 percent to Sh106.32.
  • Average price of maize which went up 9.9 per cent to Sh57.01 while that of rice grew by a marginal 0.82 per.

Wheat and maize prices rose substantially in August, according to a monthly report by the Alliance for a Green Revolution in Africa (AGRA), partly affected by a two per cent levy imposed by Kenya on the customs value of cereals imports.

A monthly food security report for August by AGRA shows that the average retail price of wheat per kilogramme in Kenya rose at the sharpest rate of 10.9 percent to Sh106.32 during the month, followed by that of maize which went up 9.9 per cent to Sh57.01 while that of rice grew by a marginal 0.82 per cent to Sh154.35.