Maize flour among commodities hit hardest by new year price hikes

The latest Consumer Price Index report from the Kenya National Bureau of Statistics shows annual inflation at 4.5 per cent, with food prices rising 7.8 per cent. Staples like maize flour and sukuma wiki are set to cost more in January 2026. Some relief comes from declines in sugar and electricity prices.

The KNBS Consumer Price Index report, released on December 31, 2025, highlights shifts in prices of goods and services in Kenya through the end of 2025. Food inflation has been the sharpest, rising 7.8 per cent annually, with maize flour up 5.1 per cent, sukuma wiki 4.7 per cent, potatoes 2.9 per cent, and maize grain 1.9 per cent from November to December 2025.

Transport costs also increased, with inter-town matatu and bus fares up 5.3 per cent and international flights 14.4 per cent due to holiday travel demand. Housing and energy saw minor adjustments, with gas/LPG prices rising 0.4 per cent, while electricity charges fell: 2.8 per cent for 50 kWh and 2.6 per cent for 200 kWh.

"Between November and December 2025, the price of one kilogram of sugar fell from Ksh182.37 to Ksh179.60, while maize grain (loose) increased from Ksh68.08 to Ksh69.39," the report states.

"The cost of electricity for 200 kWh consumption dropped from Ksh5,676.22 in November to Ksh5,530.12 in December, while 50 kWh fell slightly from Ksh1,293.82 to Ksh1,257.30. Petrol prices remained steady at Ksh185.59 per litre."

Hard drinks and tobacco rose 2.8 per cent over the year, and health costs 2.6 per cent. Education services increased 2.2 per cent, with school textbooks up 0.5 per cent. Core inflation eased to 2.0 per cent, while non-core items like food and energy hit 11.2 per cent. Sugar prices dropped 1.5 per cent to Ksh179.60 per kilogram, and mangoes 1.6 per cent to Ksh153.99, offering some respite for ordinary households.

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South Korean market scene contrasting high food prices with stable fuel costs amid 2% inflation slowdown.
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South Korea's consumer prices rise 2% in January, slowest pace in five months

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South Korea's consumer prices rose 2 percent year-on-year in January, marking the slowest pace in five months. The slowdown was partly due to stable petroleum product prices, as international crude oil prices fell, according to government data. However, prices for some agricultural and livestock products continued to surge sharply.

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South Korea's inflationary pressure eased to the lowest level in five years in 2025, following the sharpest price growth in decades during the post-pandemic period. Consumer prices, a key gauge of inflation, increased 2.1 percent on-year, slightly above the Bank of Korea's 2 percent target. The figure marks the lowest annual level since 0.5 percent in 2020.

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Kenya's Agriculture Minister Mutahi Kagwe has warned that the government will start importing duty-free maize if farmers continue to withhold their produce. This follows the allocation of Sh1.7 billion to purchase 1.7 million bags of maize, but farmers have refused to deliver them to the National Cereals and Produce Board (NCPB). Kagwe issued the warning during a visit to Kirinyaga County.

Core consumer prices in Tokyo rose 2.3 percent year-on-year in December, slowing from 2.8 percent in November but staying above the Bank of Japan's 2 percent target. The figure fell short of market expectations of 2.5 percent, triggering yen weakness. As a leading indicator for nationwide trends, the data will factor into the BOJ's next policy meeting.

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Inflation in Mexico slowed to 3.69% at the end of 2025, but experts predict it will exceed 4% throughout 2026 due to the World Cup, wage hikes, new taxes, and tariffs. Factors like IEPS increases and duties on Chinese imports will pressure prices, particularly in services and goods. The Bank of Mexico may implement moderate interest rate cuts, adopting a cautious policy.

 

 

 

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