Producer Price Index First Quarter 2015

PPI1Q2015.fwKenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the February quarter of 2015. Producer Price Index measures the gross changes in the trading price of products on the domestic and the 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 corresponds to the first, second, third and fourth quarters respectively. The Kenya Petroleum Refineries Limited (KPRL) stopped operations in September 2013. As such, the weights have been re-adjusted accordingly.

The main contributors in the first quarter increases were manufacture of food products, manufacture of beverages and manufacture of rubber and plastics products. Under manufacture of food products the producer prices of tea and dairy products had the highest increase while under furniture increase in prices of mattresses caused the index to go up. Although the index under manufacture of food increased over the three months, prices of wheat flour, maize flour and sugar declined during the period under review. Over the three months period, electricity decreased by 2.09 per cent while manufacture of lubricating petroleum oils declined by 13.6 per cent. Download Producer Price Index First Quarter 2015