In Summary
  • Diesel used to power commercial vehicles has increased by Sh0.78 to Sh96.64 in the city.
  • Kerosene, mostly used by low income homes for cooking and lighting, has increased the most by Sh1.50 to Sh78.22 in the city, according to the monthly prices set by the Energy Regulatory Commission (ERC).
  • The regulator attributed the prices increases on the imported cargo to higher global fuel prices.

The energy regulator has signalled more pain at the pump as it announced that petrol, mostly consumed by private cars, is up by Sh0.34 a litre to Sh107.17 in Nairobi in its latest review.

Diesel used to power commercial vehicles has increased by Sh0.78 to Sh96.64 in the city.

Kerosene, relied upon by low income homes for lighting and powering cooking stoves, has increased the most by Sh1.50 to Sh78.22 in the city, according to the new monthly prices set by the Energy Regulatory Commission (ERC).

The regulator attributed the prices increases on the imported cargo to higher global fuel prices.

“The changes in this month’s prices have been as a consequence of the average landed cost of super petrol, which increased by 1.18 per cent, (with) diesel increasing by 2.91 per cent and kerosene rising by 3.06 per cent,” said ERC director-general Pavel Oimeke in a statement.

The regulator further said that during the period, the shilling appreciated 0.61 per cent against the dollar to stand at 100.54 units, which helped reduce Kenya’s foreign exchange costs in cargo procurement.

Prices of diesel, used to power commercial vehicles such as buses and tractors, have been on a steady climb, in what looks set to raise costs of transport, mechanised farming and industrial production.

Fuel costs have a direct bearing on inflation, being one of the items in the basket of goods and services whose pricing is tracked to measure the cost of living.

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