This study looks at the transmission of international prices to the Kenyan economy in 2007-2008 with a focus on food and oil prices. The degree of price transmission between spatial markets signifies the level of integration of such markets. The…
Food and crude oil products constitute 60 per cent of commodities used to measure the consumer price index and Kenya is a net importer of both. However, there is very little hard information about the actual effects of the global price shocks of…