Poor house­holds hard­est hit as fuel prices shoot up

The Star (Kenya) - - News Business -

The price of kerosene, con­sumed by poor house­holds for light­ing and cook­ing, rose the most at Sh3.45 per litre in the monthly re­view an­nounced by the En­ergy Reg­u­la­tory Com­mis­sion yes­ter­day. Petrol, used mostly to fuel per­sonal cars, will now re­tail at Sh3.38 more per litre com­pared to last month while a litre of diesel re­mains flat hav­ing been in­creased by Sh0.05. ERC blamed the in­cre­ment on a rise in im­ported fuel even as the shilling re­mained sta­ble at 101.39 to the dol­lar. Kerosene is con­se­quently re­tail­ing at Sh59.3 per litre in Mom­basa, Sh62.16 in Nairobi and Sh64.10 in Kisumu. The cost for a litre of petrol has been in­creased to Sh91.53, Sh94.94 and Sh96.95 in Mom­basa, Nairobi and Kisumu, re­spec­tively. Diesel prices have been fixed at Sh78.79 per litre in Mom­basa, Sh82.17 in Nairobi and Sh84.37 in Kisumu. ERC said a tonne of petrol rose by 8.12 per cent month-on-month to $518.23 (Sh52,543) in Oc­to­ber, diesel by 0.01 per cent to $435.46 (Sh44,151) while kerosene’s rose 10.68 per cent to $479.30 (Sh48,596).

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