KNBS Lists Matatu Fares, Vehicle Insurance Cost Among Services Whose Prices Have Increased

The Kenya National Bureau of Statistics (KNBS) has announced a significant increase in the passenger transport cost across the country in August, pointing to a worrying trend for commuters.

According to the KNBS in its Consumer Price Indices and Inflation Rates report published on August 29, bus and matatu fares for the Mombasa to Nairobi route recorded the sharpest increase by 15.4 per cent.

A similar situation was witnessed among commuters using three-wheelers, commonly known as Tuk Tuk, with the report highlighting a rise in their fare by 1.5 per cent.

This, despite the Energy and Petroleum Regulator Authority (EPRA) announcing a drop in the prices of petrol by 0.5 per cent, while retaining the prices of diesel unchanged during the month.