Tridge summary
The Kenya National Bureau of Statistics reported a 8.1% increase in the price of tomatoes in January 2023, reaching Ksh102.5 per kilogram, up from Ksh97.40 in December. Hoarding was cited as a factor, along with low rainfall and unpredictable weather patterns, leading to higher prices for agricultural products, including a 1.7% increase in beans to Ksh166 per kilogram. The Central Bank of Kenya highlighted these factors as contributing to the surge in agricultural product prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to Consumer Price Indices and Inflation rates for January 2023 released by the Kenya National Bureau of Statistics (KNBS) on Tuesday, the price of tomatoes jumped by 8.1 per cent over the past 30 days. KNBS indicated that the price of tomatoes surged to hit Ksh102.5 per kilogram. In December, a kilo retailed at Ksh97.40. The sharp increase was high compared to beans which recorded a 1.7 per cent increase to hit Ksh166 per kilogram. Hoarding of tomatoes also contributed to the sharp increase for the last 30 days, forcing Kenyans to spend more. According to the Central Bank of Kenya (CBK), the ...
Source: Hortidaily
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