Producer Price Indices for Fourth Quarter 2024

Abstract

The Kenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the fourth quarter 2024. The quarterly producer prices are denoted by the last month of the quarter and are collected as at the middle of the quarter. The fourth quarter year-on-year producer inflation was -5.34 per cent in December 2024 compared to 10.03 per cent recorded in December 2023. The index decreased from 145.32 in December 2023 to 137.56 in December 2024. Trends in the year-on-year Producer Price Index (PPI) and producer inflation rates from December 2021 to December 2024 are as shown in Figure 1 and Table 1. Over the period, producer inflation rate was highest in June 2022 at 16.52 per cent.