Producer Price Indices Fourth Quarter 2019

Abstract

The Kenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the fourth quarter of 2019. Producer Price Index measures the average changes in the prices of products 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 negative 0.51 per cent in December 2019 compared to 1.33 per cent recorded in December 2018.