Producer Price Indices Fourth Quarter 2017

Abstract

Kenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the fourth quarter of 2017. Producer Price Index measures the gross changes in the trading price of products on the domestic and non-domestic markets, at all stages of processing.

The price changes are measured from the perspective of the producer. The producer prices are collected as at 15th February, 15th May, 15th August and 15th November of the year. These dates correspond to the first, second, third and fourth quarters of the year, respectively.

The Producer Price Indices 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 3.18 per cent in December 2017 compared to negative 0.47 per cent recorded in December 2016.