Kenya National Bureau of Statistics hereby releases monthly Consumer Price Indices (CPI) and rates of inflation, for October, 2017. These numbers were generated by conducting a survey of retail prices for a basket of household consumption goods and services, during the second and third weeks of the month under review. The prices were obtained from selected retail outlets in 25 data collection zones spread across Nairobi and 13 other urban centers.
The CPI decreased by 0.63 per cent from 183.66 in September to 182.50 in October 2017. The overall year on year inflation stood at 5.72 per cent in October 2017.
Kenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the third quarter of 2017. 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 Figure 1, the third quarter year on year overall producer inflation was 5.44 per cent in September 2017 compared to negative 2.76 per cent recorded in September 2016.