Wheat Flour Prices Spike Ahead Of Festive Season
By Erica Nsunjo / Published December 10, 2020 | 10:00 am
Kenyans should be prepared to pay more than the usual price for wheat flour this Christmas, this is attributed to a 32 percent increase in the price of wheat in the international market since January.
A two-kilogram packet of flour is now retailing at an average of Sh135, the highest price recorded in the last one-and-a-half years.
The price of a tonne of wheat has gone up from $525 in July to $575 in December, impacting local prices as Kenya, which is a wheat deficit country, relies on imports to close the domestic supply gap.