Producer Price Indices Fourth Quarter 2015

Kenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the fourth quarter of 2015. 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 Table 1, the overall producer prices went down marginally by 0.57 per cent in the fourth quarter of 2015 compared to an increase of 4.70 per cent recorded in the third quarter of 2015. The ‘year on year’ PPI inflation rose from 1.6 per cent in December 2014 to December 2015 was 6.74 per cent.