Increase of the Producer Price Index for the Industrial Sector January 2014
Ministry of Development Planning and Statistics (MDPS) have released the Monthly Producer Price Index* (PPI) of the Industrial sector for January of 2014, which stands at 178.4, showing an increase of 1.2% compared to PPI of December 2013, and of 1.4% (year-on-year) compared to the PPI of January 2013. The Industrial sector covers Mining, Electricity & Water and Manufacturing.   The overall PPI for January, 2014 has increased by 1.2% over the PPI of December 2013. “Mining” group (with 77% weightage) PPI has increased by 2.9%, primarily due to the overall price increase of the same order, seen in the “Crude petroleum and natural gas” group. “Manufacturing” group (with a weight of 21%) shows a decline of 5.2%. The fall is explained by the decreasing prices seen in refined petroleum products by 6.9%, basic chemicals by 3.0%, basic metals by 1.9%, and beverages by 1.5%. Electricity & Water” group (representing about 2% weight) shows a decrease of 0.8%, resulting from the combined effect of the price fall seen in electricity by 1.2% and stable price level noted in water.The overall PPI of January, 2014, compared to the one of January, 2013, has increased by 1.4%. The “Mining” group PPI shows an increase of 0.9%, primarily due to the price rise seen in “Crude petroleum and natural gas” group by 0.8% and “Stone, Sand & Clay” by 2.1%. The “Manufacturing” group PPI shows an increase of 3.6% in Jan 2014, when compared to the PPI of Jan 2013. The major groups which explain this price rise include: basic chemicals by 7.1%, basic metals by 6.8% and refined petroleum products by 2.2%. However, a decline is noticed in Dairy products by 6.9% and Beverages by 1.7%. The PPI for “Electricity & Water”, showed an increase of 4.5%, resulting from the combined effect of price rises seen in electricity and water by 3.5% and 6.4% respectively. 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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