Producer Price Indices Fourth Quarter 2018

The Kenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the fourth quarter of 2018. PPI measures the average changes in the basic prices of products receivable by the producer. The producer prices are collected as at 15th February, 15th May, 15th August and 15th November of the year. These dates are recommended to be the price observation points for the first, second, third and fourth quarters of the year, respectively. The PPI are grouped according to the International Standards of Industrial Classifications of All Economic Activities (ISIC) Rev 4. As shown in Figure 1, the fourth quarter year on year overall producer inflation was 1.47 per cent in December 2018 compared to 3.18 per cent recorded in December 2017.