According to a report by the Central Bank of Kenya (CBK), maize and wheat flour were among the household commodities whose prices were expected to drop in June 2023.
In the Agriculture Sector Survey May 2023 Report, released on June 2, CBK detailed that the two common commodities used in most households would drop owing to the long rains witnessed in the last three months and a drop in international prices.
CBK detailed that the projections were deduced after a survey of farmers and entrepreneurs in the retail and wholesale industry.
"The expected moderation of maize and wheat prices is on account of the long rains, the expected duty-free importation of key food items and the decline in international food prices," read the report in part.
Other food commodities projected to drop prices included sukuma wiki, traditional vegetables, cabbage, spinach and tomatoes, potatoes and carrots.
Prices of both packed and unpacked milk were also expected to drop.
"The price of animal products, particularly milk, could decline as more pasture becomes available, thus cutting down on the purchase of animal feeds.
"Vegetable prices are expected to reduce further in June 2023 following increased supply of the fast-maturing crops from the long rains season," read the report in part.
However, the report did not detail by how much the food items would drop.
On the other hand, other food commodities were also expected to shoot up, including eggs, sugar and cooking oil. CBK added that the price increment of the three commodities could also increase bread prices.
"Egg prices may go up since poultry rely heavily on processed feeds. The price of sugar remains elevated and could rise further owing to reduced cane deliveries and high importation costs," CBK detailed.
The price of rice was also expected to go up owing to reduced farming.