Monthly Producer Price Index of Industrial sector for June, 2014 (Base 2006=100)
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 activities, for June, 2014. This indicator is a measure of the average changes in selling prices received by domestic producers for their output. The PPI for June, 2014 stands at 171.3, which shows an increase of 0.6% over the PPI of May 2014; and an increase of 4.1% (year-on-year) when compared to the PPI of June 2013.  The overall PPI for June, 2014 has an increase by 0.6% (month-on-month) over the PPI of May 2014. “Mining” group (with a weight of 77%), PPI shows a rise of 0.7% over the PPI of May 2014. The increasing price shows in: Crude petroleum and natural gas by 0.7%.  “Manufacturing” group (with a weight of 21%), PPI shows a rise of 0.1%.The increasing prices is explained by the combined effect of increasing prices seen in  Refined Petroleum products by 0.8%, Dairy products by 0.6%, Grain mill and other products by 0.4%. Beverages and  Basic Chemicals  increased by 0.2% for both. On the other  decreasing prices noted in Basic Metals by 4.0% and “Cement and other non-metallic products” by 0.4%. “Electricity and water” group (with 2.0% weightage), PPI has increased by 0.8%, primarily due to the overall price increase seen in the “Electrical Energy” group by 1.9% and decrease prices seen in water by 1.1%.The overall PPI of June, 2014, compared to the PPI of June, 2013, has increased (year-on year) by 4.1%. The “Mining” group PPI shows an increase of 4.2%, primarily due to the price increase seen in “Crude petroleum and natural gas” group by  the same percentage. The “Manufacturing” group PPI shows an increase of 3.9% in June, 2014, when compared to the PPI of June, 2013. The major groups which explain this price rise include: Basic chemicals by 9.2%, Refined Petroleum Products by 2.5%, Basic Metals by 2.3% and Grain mill and other  products by 1.3%. However, prices decline are noticed in Beverages by 3.2%. The PPI for “Electricity & Water” shows a decrease of 3.3%, resulting from the effect of price fall seen in Electricity by 4.1%, and  Water by 1.8%.Further details on monthly/annual comparison of indices are available in Table (1) and figures (1) and (2) of the attached Press Release. More Details More detailed data and indexes are available on the Ministry’s website: www.mdps.gov.qa and QALM: www.qix.gov.qa.

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