Falling pump prices fail to spur fuel consumption amid tough economic times

 

A Fuel pump operator at the Rubis Petrol station along Koinange Street, Nairobi on Sept 20, 2022. [Elvis Ogina, Standard]

The reduction in fuel prices over this year has not been enough to spur consumption, new data shows.

According to the latest market data by the Kenya National Bureau of Statistics (Knbs), consumption of petroleum products dropped over the first six months of this year,...