Qatar Statistics Authority (QSA) has released the Producer Price Index (PPI) of the Industrial sector for the fourth quarter (Q4) of 2011. The Industrial sector covers Mining, Electricity& Water and Manufacturing.
  
     Comparison with previous quarter Q3-2011:  The PPI for Q4, 2011 stood at 163.4 showing a marginal decline of 1.0% when compared to the PPI of third quarter Q3, 2011. This minor slide in PPI is primarily the combined result of lower prices recorded in “Manufacturing” by 5.4% and in the “Electricity & water” by 2.0%; and rising prices in “Mining” sector by 0.1% .
 More details on the changes at industry group/product group level are discussed below:
 In the “Mining” group, the 0.1% rise in PPI is mainly explained by higher prices seen in Natural gas 1.0% and Crude oil 0.3%; and the price fall recorded in the Condensate produced by the oil extraction 3.7% and Condensate produced by the gas extraction 2.1%.
 The decrease of 5.4% in “Manufacturing” group PPI is contributed by the price fall in: refined petroleum products 6.0%, basic chemicals products 7.4%; and metal products group 0.5%. However, price rise was noticed in dairy products group:1.9%; and in cements & glass products group: 0.9%.
“Electricity & Water group” PPI showed a decrease of 2.0% due to price fall reported in the electrical energy.Comparison with the corresponding quarter (Q4) of 2010:  The sharp rise of 29.0% in PPI of Q4, 2011 over Q4, 2010 (year-on-year comparison) is attributable to increases in indices of: “Mining”: 35.3% and “Manufacturing”: 8.5%.
 The steep increase in “Mining” Group PPI is mainly due to the price hikes noticed in: Natural gas: 54.4%, Crude oil: 29.8%, Condensate produced by the gas extraction: 22.8%, and Condensate produced by the oil extraction: 15.9%.
“Manufacturing” group PPI increased by 8.5%. While the prices of Refined petroleum products and Beverages in this period, went up by 13.0% and 8.0% respectively, the price of Grain products and cement & glass products showed declining trend of 0.5% and 0.6% respectively.
“Electricity & Water” group in PPI showed a decline of 1.7%.
                 For more details , click on here