Posted 3/15/2024, 8:30:00 AM
Kenya Sees Sharp Drop in Fuel Prices, Lowest Levels Since August 2022
- Fuel prices in Kenya drop by up to Ksh7 per liter, the largest monthly decrease in years
- Super petrol now costs less than Ksh200 per liter for the first time since August 2022
- The price cuts follow a decline in inflation and the Kenyan Shilling's 12-year record gain
- The new lower prices take effect immediately and will remain until April 14th
- The drop in fuel prices is expected to further reduce Kenya’s inflation level which fell from 6.9% in January to 6.3% in February