Volvo Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Volvo cars have gone through a strong rise during the last 6 months. During the first month analyzed in November the average price was KSh 2,707,888. December went through a strong inflation with a rise in the price till KSh 4,766,528. During the following two months (January, February) the average selling price experienced a noticeable rise, going up 75 % from KSh 3,737,208 to KSh 6,551,750. The average price has had spectacular rise of 39 % with an average price of KSh 5,144,479 during the previous 4 months and KSh 7,175,000 during the most recent months in March and April.