HomeKNBS NewsProducer Price Index (PPI) Third Quarter 2016

Producer Price Index (PPI) Third Quarter 2016

ppi3q2016.pngKenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the third 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 increased by 0.94 per cent from 112.24 recorded in the second quarter of 2016 to 113.33 in the third quarter of 2016. The ‘year on year’ PPI inflation rate, from September 2015 to September 2016 decreased by 2.76 per cent. Down Producer Price Index (PPI) Third Quarter 2016