Petroleum prices have
dropped for the first time in seven months, offering consumers critical relief during the festive season that begins next week.
The reduction also signals a possible end to the surge in inflation, which has persisted since January.
Energy sector regulator ERC said the drop in prices by up Sh5.07 per litre — the first since the slight dip in May when Treasury cut excise duty on petroleum — came from a recent strengthening of the shilling and last month’s marginal increase in crude oil prices.
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