Producer Price Indices First Quarter 2016

Kenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the first quarter of 2016. 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 decreased by 1.85 per cent in the first quarter of 2016 compared to a decrease of 0.55 per cent recorded in the fourth quarter of 2015. The ‘year on year’ PPI inflation rate, from March 2015 to March 2016 was 3.44 per cent.