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Why prices of essential commodities are not falling anytime soon

Living
 Women hawking ripe bananas in Kakamega town on January 20, 2022. [Benjamin Sakwa, Standard]

In the last few months, Kenyans have experienced a spike in the prices of key food commodities.

According to data from Kenya National Bureau of Statistics, the inflation level which is defined as the persistent increase in the prices of essential commodities, declined steadily to about 5.3 per cent but the paradox is that the prices of essential commodities remain high.

This is due to several factors. First, a spike in food prices may be influenced by drought-induced inflation every time the country receives inadequate rainfall to sustain a good harvest.

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