​

•  General PPI of May 2018, increased by 0.1% when compared with previous month
  (M-O-M).
• General PPI of May 2018, increased by 25.1% when compared with May 2017 ( Y-O-Y).
•  PPI of Crude Petroleum and Natural gas production increased by 0.5%, comparing with previous month.
  
   
  Ministry of Development Planning and Statistics (MDPS) has released the Monthly Producer Price Index (PPI) of the Industrial sector for May 2018 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 May, 2018 showed an increase of 0.5% when compared with PPI of April 2017, primarily due to the increase of prices of “Crude petroleum and natural gas” with 0.5%. PPI of May 2018, when compared with its counterpart in previous year (May 2017), there has been a considerable increase of 31.1%.

Manufacturing
A decrease of 0.1% has been recorded in May, 2018, when compared with the previous month’s Manufacturing index (April,2018). The prices decrease are seen in: “Basic Metals" by 2.2%, “Other chemical products and fibers" by 1.7%, “ Cement and Other non-metallic products” by 1.1%, “Dairy products” and “Paper and Paper Products" by 1.0% for each, “Basic Chemicals” by 0.8%, “Beverages” by 0.6%, and “Grain mill and Other products” by 0.1%. However, the increasing prices are noticed in “Juices” by 3.7%, and “Rubber and Plastics products” by 0.7%, and “Refined Petroleum Products” by 0.4%. 
 

Comparing with the index of counterpart in the previous year (May 2017), “Manufacturing” PPI of May, 2018 showed a rise of 14.8%. The major groups which explain this price increase are
“Refined Petroleum products” by 19.6%, followed by “Basic Metals” by 17.0%, “Dairy products” by 13.6%, “Other chemical products and fibers” by 12.9%, “Paper and Paper Products” by 10.2% “Basic Chemicals” by 6.8%,  “Juices” by 2.5%, and “Grain mill and Other products” by 0.5%.

However, prices fall also noticed in "Cement and Other non-metallic products” by 7.4%, and “Beverages” by 1.6%. No change noticed in " Rubber and Plastics products".

Electricity and Water
The PPI of this group showed a decrease of 0.4% compared to April 2018, resulting from a decreasing price in “Electricity” by 2.7%, and an increasing  in “Water” by 2.9%. When compared the PPI of May, 2018, to the PPI of May, 2017 [Y-o-Y], showed a decrease  of 0.5%, affected by  prices fall in “Water” by 8.6%,  and  a rise in  “Electricity” by 6.5%  .

Overall Index (PPI of Industrial sector)
The PPI for May, 2018 is estimated at 67.7 points showing an increase by 0.1%, when compared to the previous month’s April 2018. On [Y-o-Y] basis, PPI of May, 2018 showed a rise of 25.1% when compared to the PPI of May 2017. Graph (4) shows the monthly of PPI and rate of change during May 2017 to May 2018 .

For more information click here