Saturday, April 27, 2024

Grocery Prices Go Up To New Highs Amid Biting Market Scarcity

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Prices of key food and grocery items have shot up sharply over the past few months, adding pressure to household budgets and forcing some to drop them from their consumption basket.

Significant change has been observed in the past three months as prices of several items, including tomatoes and onions rise, in what traders have tied to short supply from local farmers and neighbouring Tanzania and Uganda that put a downward pressure on the prices.

A spot check by Business Daily has shown that a crate of tomatoes at Wakulima market in Nairobi is going for Sh9,000 on wholesale after purchase from farmers at average of Sh8,000. Read more…

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