Producer Price Indices Second Quarter 2013

Kenya National Bureau of Statistics hereby releases the Producer Price Indices (PPI) for the second quarter of 2013. Producer Price Indices measure the gross changes in the trading price of products on the domestic and the non-domestic markets, at all stages of processing. The price changes are measured from the perspective of the seller. The producer prices are collected as at 15th February, 15th May, 15th August and 15th November of the year. These dates corresponds to the first, second, third and fourth quarters respectively. As shown in Table 1, the Producer Price Indices are grouped according to the International Standards of Industrial Classifications of All Economic Activities (ISIC). In the second quarter of 2013 that is from April 2013 to June 2013, the overall producer prices declined by 1.75 per cent. The ‘year on year’ PPI inflation, from June 2012 to June 2013 was negative 0.74 per cent. In the last three months, electricity index decreased by 4.03 per cent while food products declined by 2.48 per cent.