Ministry of Development Planning and Statistics (MDPS) have released the Monthly Producer Price Index (PPI) of the Industrial sector for May 2016 with the base year 2013. Producer price index covers goods relating to “Mining” (weight: 72.7%), “Electricity & Water” (weight: 0.5%) and “Manufacturing” (weight: 26.8%). 

 

 Mining

The PPI of May, 2016 shows a rise of 1.3% when compared with PPI of April 2016, primarily due to the increased in prices of “Crude petroleum and natural gas”.  PPI of May 2016, when compared with its counterpart in the previous year, there has been a significant fall of 36.7%. Figure (1) shows the movement of “Mining” index during May 2015 and May 2016.

 

Manufacturing

An increase of 4.6% has been observed in May, 2016, when compared with the previous month’s Manufacturing index during this year. The increasing prices are noticed in “Refined Petroleum Products” by 7.2%,“Rubber and plastics products” by 3.0%,   “Basic chemicals” by 2.4%,  “Grain mill products” by 0.5%, “Cement and other non-metallic products” by 0.4%.  However, the prices decrease are seen in: "Other chemical products” by 7.6%,  ”Basic Metals” by 1.7%,  “Juices” by 0.4%, and  “Dairy products” by 0.2%.  No change noticed in Paper and Paper Products and  Beverages.   

 

Comparing with the index of counterpart in the previous year (May 2015), “Manufacturing” PPI of May, 2016 showed a sharp decline of 16.6%. The major groups which explain this price fall are “Refined Petroleum Products” by 19.4%, ”Basic Metals” by 20.8%, “Basic chemicals” by 13.4%, “Other chemical products” by 5.2%,  “Dairy products” by 1.8%. However, prices rise are also noticed in “Juices” by 9.8%, “Cement and other non-metallic products” by 8.1%, “Rubber and plastics products” by 3.4%, and “Beverages” by 1.7%.

Figure (2) shows the graphical presentation of “Manufacturing” index during  May, 2015-2016.

 

Electricity and water

The PPI of this group showed a decrease of 4.6% compared to April 2016, resulting from the falling  price seen in “Water” by 8.3% and  “Electricity” by 1.8%. When compared the PPI of May, 2016, to the PPI of May, 2015, showed  decrease [Y-o-Y] of 1.9%, resulting from the price fall in “Water” by 5.9% and  while  it rising  in “Electricity” by 1.0%. 

 

 

Overall Index (PPI of Industrial sector)

The PPI for May, 2016 is estimated at 44.9 points showing an increase of 2.5% compared to the previous month’s   April  2016, due to the increasing  that have been noticed in the “Mining” (which includes crude oil and natural gas), “Manufacturing”, and  a decrease in “Electricity and water”.  On [Y-o-Y] basis, PPI of May, 2016 shows a steep fall of 30.1% when compared to the PPI of May 2015.

 

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More details on monthly/annual comparison of indices are available in Table (1) and figures (3) and (4) of the Press Release. Further detailed data and indices would be available on the Ministry’s website, www.mdps.gov.qa and Qatar Information Exchange,, www.qalm.gov.qa.