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Domestic Price Warnings

Countries where prices of one or more basic food commodity are at abnormal high levels in main markets.
Price warning level:  High   Moderate [Based on the Indicator of Price Anomalies (IPA)]

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Kenya

10/07/2019

Prices of maize levelled off in June but still well above year-earlier levels

Prices of maize steadied or declined in June, after surging in April and May. The recent decline follows improved prospects for the main 2019 “long-rains” harvest after above-average rains in May and June partly offset the severe rainfall deficits of March and April, which delayed planting and affected crop germination and development. Additional downward pressure came from improved market supplies following sustained imports from neighbouring United Republic of Tanzania, where the ongoing main harvest is forecast at above-average levels and the release of stocks by the Government. However, despite the recent declines, prices of maize in June remained well above their levels a year earlier, with the exception of the capital, Nairobi, where prices were lower. Similarly, prices of beans, another staple food in the country’s diet, declined in June after surging in the past months, but remained generally well above their year-earlier levels.

Region: Eastern Africa