Producer Price Index for the Industrial Sector (PPI), February 2014
Ministry of Development Planning and Statistics (MDPS) have released the Monthly Producer Price Index (PPI) of the Industrial sector (which covers Mining, Electricity & Water and Manufacturing), for February, 2014. The PPI for February, 2014 stands at 177.2, which shows decreases of 0.7% and 1% respectively when compared to the PPIs of January 2014 and of February 2013.   The overall PPI for February, 2014 has decreased by 0.7% over the PPI of January 2014. “Mining” group (with 77% weightage) PPI has decreased by 0.4%, primarily due to the overall price decrease seen in the “Crude petroleum and natural gas” group by 0.3%. “Manufacturing” group (with a weight of 21%) shows a decline of 1.9%. The fall is explained by the combined effect of decreasing prices, seen in refined petroleum products by 3.5% and increases registered in cement and other non-metallic products by 1.8%, basic chemicals by 1.2%, grain mill & other products by 0.6%, and basic metals and dairy products by 0.1% each. The PPI for “Electricity & Water” shows a decline of 2.4%, resulting from the price falls seen in electricity by 3.6% and water by 0.5%. The overall PPI of February, 2014, compared to the PPI of February, 2013, has decreased by 1.0%. The “Mining” group PPI shows a decrease of 1.6%, primarily due to the price fall seen in “Crude petroleum and natural gas” group by 1.6%. The “Manufacturing” group PPI shows an increase of 1.9% in February, 2014, when compared to the PPI of February, 2013. The major groups which explain this price rise include: Basic metals by 10.6%, Basic chemicals by 6.3%, Cement and other non-metallic products by 1.6%, Grain mill and other products by 0.7%. However, price declines are noticed in Dairy products by 6.9%, Beverages by 1.2% and refined petroleum products by 0.9%. The PPI for “Electricity & Water”, showed an increase of 1.8%, resulting from the combined effect of price rise seen in water by 5.7% and price fall noticed in electricity by 0.4%. Further details on monthly/annual comparison of indices are available in Table (1) and figures (1) and (2) of the attached Press Release.   For more details    For more detailed  data and indexes please refer to QALM: www.qix.gov.qa   _________________________________________________________________________ * Calculation based on 2006

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