Rising wheat price signals costly holiday

Cereal Growers Association CEO Anthony Kioko. PHOTO | DIANA NGILA | NMG

International price of wheat, which has been on a steady rise since August, is pushing up local cost of flour pointing to a costlier commodity ahead of the festive season.

A tonne of wheat has gone up from Sh22,440 in August to current Sh27,540 on account of fewer supplies from Russia, which is placing a ban on export to protect its citizens against high prices.

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