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Kenya Raises Gasoline Prices by 1.1% From Tomorrow on Oil Costs

Aug. 14 (Bloomberg) -- Kenya raised the cost of so-called super petrol, the most commonly used gasoline in the East African country, by 1.1 percent to 117.2 shillings a liter in the capital, Nairobi.

The increase is effective from tomorrow until Sept.14, the Energy Regulatory Commission said in an e-mailed statement today. The higher price follows a 1.6 percent increase in imported oil costs, it said.

Kenyan inflation accelerated for the ninth straight month in July to 15.53 percent on rising fuel and food costs.

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net

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