Kenya's energy regulator said on Friday that it was raising the maximum retail fuel prices for petrol and diesel and lowering that for kerosene for the month until mid-March.
Fuel prices have a big impact on inflation in east Africa's biggest economy, which depends heavily on diesel for transport, power generation and agriculture, while kerosene is used in many households for cooking and lighting.
The Energy Regulatory Commission raised maximum prices charged in the capital Nairobi for super petrol by 0.96 shillings a litre to 111.55 shillings ($1.29) and diesel by 1.07 shillings a litre to 105.80 shillings. It lowered the price of kerosene by 2.00 shillings to 83.07.
The prices are effective from Saturday until March. 14.
The regulator reviews domestic fuel prices every month, with adjustments made depending on changes in international energy prices and the shilling's exchange rate.
Kenya's year-on-year inflation rate rose slightly to 7.21 percent in the year to January from 7.15 percent in December
Friday, 14 February 2014
Kenya raises price caps for diesel, petrol; lowers kerosene
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