- General PPI of January 2017, increased by 4.5 % when compared with previous month
- PPI of Crude Petroleum and Natural gas increased by 3.5%, comparing with previous month.
- PPI of Manufacturing increased by 6.9%, when compared with previous month.
Ministry of Development Planning and Statistics (MDPS) has released the Monthly Producer Price Index (PPI) of the Industrial sector for January 2017 with the base year 2013. Producer price index covers goods relating to “Mining” (weight: 72.7%), “Manufacturing” (weight: 26.8%), and “Electricity & Water” (weight: 0.5%).
Mining
The PPI of January, 2017 shows an increase of 3.5% when compared with PPI of December 2016, primarily due to the increase of prices of “Crude petroleum and natural gas”. PPI of January 2017, when compared with its counterpart in the previous year, there has been a considerable increase of 30.0%. Figure (1) & (2) shows the movement of “Mining” index during January 2016 and January 2017.
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