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The Producer Price Index for Q3, 2016 reached 46.6 points, with an increase of 3.3% compared to the previous quarter (Q2, 2016), and a decrease of  20.3% compared to the corresponding quarter of the preceding year (Q2, 2016).

It is noteworthy that the three main PPI components after moving the base year to 2013 are:

1. Mining and quarrying, with 72.7% weightage.
2. Manufacturing, with 26.8% weightage.
3. Electricity and Water, with 0.5% weightage. 

Thus, PPI is significantly affected by the prices of the Mining Group (Gas and Oil), since Mining Group represents 72.7% of the relative importance of the PPI; and by reaching 41.3 points, it was a major cause of the overall PPI decline to 46.6 points in Q3, 2016. Manufacturing group amounted to 60 points due to the decline of refined petroleum products and basic chemicals products prices in this period.

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