Kenyans should prepare for higher prices of sugar and cooking oil in February 2025, according to a recent survey by the Central Bank of Kenya (CBK). The Agriculture January 2025 Report attributes this anticipated price hike to rising global costs, which are influencing local market trends.
The report indicates that industry stakeholders expect a slight increase in the prices of sugar and cooking oil due to developments in the international market. “On balance, sampled respondents expect prices of sugar and cooking oil (salad) to increase slightly in February 2025, reflecting developments in the global market, where prices of these items have edged up in the recent past,” CBK stated.
Despite this, the price of cooking fat is predicted to remain unchanged, even as other commodity prices rise. This could offer some relief to consumers who are facing price hikes on other essential items.
In addition to sugar and cooking oil, CBK has warned of rising costs for various vegetables and food items, largely due to seasonal changes and insufficient rainfall between October and December 2024. Key items expected to become more expensive in February 2025 include tomatoes, spinach, cabbages, kales (sukuma wiki), traditional vegetables, and potatoes. “Prices of kales, traditional vegetables, cabbages, spinach, tomatoes, and potatoes are expected to be relatively higher in February 2025, with some reflecting seasonal factors while others are impacted by inadequate October–December 2024 rainfall,” CBK stated.
Rice prices, however, are expected to vary. The report suggests a modest price increase for both aromatic and non-aromatic rice, while prices for brown rice and broken white rice are likely to remain stable.
These developments highlight the ongoing impact of global market fluctuations and local weather conditions on the cost of essential food items.
