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Home International Customs

Cooking gas prices rise for first time in Sep after 8-month decline

byCustoms Today Report
12/10/2015
in International Customs, Kenya
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NAIROBI: Cooking gas prices rose for the first time in September after a consistent fall from January, the Kenya National Bureau of Statistics data shows. Average retail prices for the 13-kilogramme cylinder sold at Sh2,393.85 in September up from Sh2,374.92 in August.

The prices were Sh2,954.36, Sh2846.53, Sh2,629.56, Sh2,529.56, Sh2,424.69, Sh2,387.04, Sh2,376.22, and Sh2,374.92 in January, February, March, April, May, June and July, respectively.

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“The fact that there is an increase now does not necessarily mean that the trend will continue as such as indeed one of the key reasons is that the dollar has been very strong against the shilling,” said Wanjiku Manyara, the Petroleum Institute of East Africa general manager. Petroleum products imported into Kenya are paid in dollars, thus cost more when the shilling is weak, according to the Energy Regulatory Commission.

 

 

 

 

Tags: after 8-month declineCooking gas pricesrise for first time in Sep

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