Producer Price Indices Third Quarter 2013

Abstract

Kenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the September quarter of 2013. Producer Price Index measures 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 third quarter of 2013 that is from July 2013 to September 2013, the overall producer prices increased by 0.49 per cent. The ‘year on year’ PPI inflation, from September 2012 to September 2013 was 0.71 per cent. The main contributors for this increase were electricity, beer, cement and dairy products. The producer prices for dairy products increased by 8.9 per cent while electricity costs rose by 4.5 per cent.