Food Prices Drop As Government Announces Lower Prices Of Unga of Maize
According to an internal communication document signed by the Agriculture PS Francis Owino, the Ministry of
agriculture shall subsidise the price of maize flour being produced and sold by millers for a period of four weeks.
A two-kg packet of maize flour will now retail at Sh100 up from Sh230.
“The recommended Retail price of flour is should not exceed Sh100 for a 2kg packet, Sh250 for a 5kg packet and Sh490 for a 10kg packet.
The document further states that he Ministry shall deploy their representatives to the premises and depots of the miller to verify proof of the sale of maize flour in the market.
The price of food and basic consumer goods has in recent months been on an upward trajectory with the cost of some basic items hitting unprecedented highs.
Those mainly affected are maize and wheat flour, sugar, cooking oil, tissue paper, milk, groceries and bread.
A survey released on last week by Infotrak research firm indicated that 73 per cent of Nairobi residents feel that the country is headed in the wrong direction.
Majority of those who held this opinion (81%) cited the high cost of living as the reason behind their assertion.
Kenya’s cost of living accelerated further in May due to high food and fuel prices hitting 7 .1 per cent from 6.47 in April and 5.556 percent in March.
Data by the Kenya National Bureau of Statistics (KNBS) Consumer Price Index and Inflation showed that the rise was
mainly driven by an increase in prices of commodities under food and non-alcoholic beverages basket (12.4 per cent).