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Ministry of Development Planning and Statistics (MDPS) has released the Monthly Producer Price Indices (PPIs) of the Industrial sector for October of 2013. The Industrial sector covers Mining, Electricity & Water and Manufacturing.
An analysis of the price movement noticed between the two months ( Oct _ Sep ) of 2013, the changes seen in October, 2013, are presented in the following paragraphs. Comparison between October and September, 2013:
The PPI for October, 2013 stood at 170.9 showing a decrease of 0.3% when compared to the PPI of the September, 2013.
In the “Mining” group, the PPI decreased by 0.4%, primarily due to the overall price decrease of 0.4% seen in the crude oil and natural gas group.
The increase of 0.3% in the PPI for the “Manufacturing” group is mainly explained by increasing prices reported in basic chemicals by 2.5%. On other hand basic metals decline by 1%, Dairy products, refined petroleum, , Grain mill and Beverages by 0.3%,
The PPI for “Electricity & Water” showed a decrease of 0.4%, resulting from the combined effect of price decrease of 1.6%, seen in electricity, and a rise of 0.1% in water.
Table (1) and figures(1),(2) attached, show a monthly comparison
For more details about PPI (Definition, Compilation, methodology … etc.) please refer to QALM: www.qix.gov.qa
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