Treasury inflation tax extends consumers’ pain at the pump

A car being fueled at a fuel pump taken on August 14, 2015. [File, Standard]

A spike in inflation in the last two months has denied Kenyan consumers the relief that would have come with the slump in global oil prices.

In its latest monthly pricing guide yesterday, the industry regulator increased the cost of super petrol for the fifth straight month by Sh0.29 a litre to Sh115.39 in Nairobi.