Businesses are blaming fuel levies for a record rise in commodity prices, forcing them to pass increased costs onto consumers. The latest Stanbic Purchasing Managers' Index (PMI) shows June 2026 saw the highest increase in prices since 2014.

• The increase in prices of goods and services in June 2026 was the highest since 2014.
• Stanbic and Standard Bank economist Christopher Legilisho are key figures commenting on the issue.
• One in four businesses raised prices in June due to rising fuel costs disrupting supply chains.