Producer Price Index of Industrial sector: Q4, 2012
         Qatar Statistics Authority (QSA) has released the Producer Price Index (PPI) of the Industrial sector for the fourth quarter (Q4) of 2012. The Industrial sector covers Mining, Electricity & Water and Manufacturing.   Comparison with previous quarter Q3-2012: The PPI for Q4, 2012 stood at 170.2 showing a increase of 2.8% when compared to the PPI of the third quarter Q3, 2012.In the “Mining” group, the PPI has increased by 1.6%. This increase is the combined effect of price rises in Condensate produced by the gas extraction by 6.4%, Condensate produced by the liquid extraction by 2.3% and Crude oil by 1.8%.The increases of 7.8% in the PPI for the “Manufacturing” group is mainly explained by the increases in refined petroleum products by 13.2% and basic chemicals by 1.8%.However, a price decrease of 4.8%, in Aluminum, 1.8% in Iron & Steel Industry and 1.8% in Cement and glass products was noticed.The PPI for “Electricity & Water” showed rise of 9.4%, resulting from the price increases of 6.4% in the Electricity and 14.9% in the Water. Comparison with the corresponding quarter (Q4) of 2011: The year-on-year comparison (PPI of Q4 2012 compared to PPI of Q4 2011) shows an increase of 4.2%. The PPI for “Mining” group increased by 3.7% resulting mainly from the increases in the prices of natural gas by 10.4% and Stone, Sand & Clay by 3.2%. In the “Manufacturing” group, there was an increase of 6.3%, which resulted from the increase of 12.9% in Refined petroleum products coupled with a price decline of 12% in Aluminum, Iron & Steel Industry group. The PPI for the “Electricity & Water” group showed increase of 7.2%. While the price of Electricity rose by 4.0%, the price of water jumped by 12.9%.    For more details, click here   For more details about PPI (Definition, Compilation, methodology … etc.) please refer to QALM: www.qix.gov.qa  

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