Kenyan consumers will pay
more for fuel at the pump for the next month
after the Energy Regulatory Commission raised
retail prices during its monthly review on
Tuesday.
The ERC increased the maximum retail price of
petrol in the capital, Nairobi, by 2.3 percent to
86.17 shillings ($0.8527) per litre, saying the
costs of importing refined petroleum products
had gone up.
It also increased the retail prices of kerosene
and diesel.
Costs of energy and transport have a
significant weighting in the basket of goods
and services used to measure inflation in the
East African country.
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