Ministry of Development Planning and Statistics (MDPS) has released the Monthly Producer Price Index (PPI) of the Industrial sector for November 2014 which covers Mining, Electricity & Water and Manufacturing activities. This indicator is a measure of the average selling prices received by domestic producers for their output. The PPI for November, 2014 stands at 140.3, which shows a decrease of 5.3% over the PPI of October 2014; and 18.3% (year-on-year) when compared to the PPI of November 2013.   Compared with October 2014, the breakdown of the overall PPI for November, 2014 by main groups show a decline of 5.1% in  “Mining” group (with a weight of 77%), the decreasing price shows up in Crude petroleum and natural gas by same percentage.
 “Manufacturing” group PPI (with a weight of 21%) shows a fall of 7.0%.The decreasing prices shows up in “Refined Petroleum products” by 8.9%,  “Basic Chemicals” by 7.3%,  “Cement and other “non-metallic products” groups by 1.9% and “Dairy products” by 0.1%. An increase is noticed in “Beverages” group by 2.4%, “Basic metals” by 2.3% and “Grain mill and other products”, by 0.2%.
The PPI of “Electricity and water” group (with 2.0% weightage) shows an increase of 1.8%, resulting from the effect of price rise seen in  Electricity and Water by 2.9% and 0.2%, respectively.
The overall  PPI of November, 2014, compared to the PPI of November, 2013, has decreased (year-on year) by 18.3%. The “Mining” group PPI shows a dropped by 19.8%. The “Manufacturing” group PPI shows a decline of 13.3% in November, 2014, when compared to the PPI of November, 2013. The major groups which explain this price fall are “Refined Petroleum Products” by 18.9%, “Basic chemicals” by 7.4%,   “Beverages” by 1.0%.  However, prices rise are noticed in “Dairy products” by 5.3%, "Basic Metals” by 1.6%, “Grain mill and other products” by 0.6% and  “Cement and other non-metallic products” by 0.1%.
 The PPI for “Electricity & Water” shows a decrease of 2.9%, resulting from the effect of price fall seen in  Electricity by 3.8% and Water by 1.5%.
Further details on monthly/annual comparison of indices are available in Table (1) and figures (1) and (2) of the Press Release, and more detailed data and indexes are available on the Ministry’s website: www.mdps.gov.qa  and QALM: www.gix.gov.qa Download the detailed release here