Cooking gas prices surge by Sh390 in Nairobi
The gas surge coincides with fuel price hikes, creating a dual shock for households and businesses...
✨ Key Highlights
Prices for cooking gas (LPG) have seen a significant increase in Nairobi, with a 13-kilogramme pack surging by up to Sh390.
- The price of a 13kg cooking gas cylinder has risen from Sh3,140 to around Sh3,530, a 12 percent jump.
- This surge is attributed to global price hikes in propane and butane, driven by supply disruptions from the Middle East conflict impacting key suppliers like Saudi Aramco and Sonatrach.
- The rise in cooking gas prices coincides with recent increases in fuel pump prices, adding to the cost of living pressures for consumers, particularly low-income households.
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President William Ruto has signed the VAT Amendment Bill into law, reducing the Value Added Tax on petroleum products from 16% to 8% for three months, aiming to offer immediate relief to motorists and businesses. The Central Bank of Kenya forecasts inflation to reach 6.2 percent in July, driven by elevated fuel costs and a prolonged Middle East conflict impacting global oil supply chains. Meanwhile, cooking gas (LPG) prices have surged by up to Sh390 for a 13-kilogramme pack in Nairobi. In Makueni County, residents have expressed that the new fuel prices have not significantly eased the high cost of living, with the financial burden on households remaining a major concern.
