Last month, the Kenya Energy and Regulatory Commission (ERC) increased fuel prices for the fourth time in a row, citing the sliding shilling.
ERC director-general Joe Ng’ang’a said that, save for diesel and kerosene, the average landing cost of super petrol increased by 1.25 per cent, from $718.97 per tonne in June to $727.97 per tonne in July.
“On the other hand, we saw the average landed cost of imported kerosene during the period drop by 11.74 per cent from $619.21 per tonne to $546.52 per tonne. Additionally, that of diesel also decreased by 8.90 per cent, from $610.94 per tonne to $556.55 per tonne,” said Mr Ng’ang’a.
The price of super petrol has increased by 15 per cent in the past four months owing to the volatility of the shilling