Producer Price Index of Industrial sector-Q1 2011

Qatar Statistics Authority (QSA) has released the Producer Price Index (PPI) for the first quarter of 2010 for the Industrial sector. The Industrial sector covers Mining, Electricity Energy & Water and Manufacturing.
  
     The PPI for the first quarter 2011 stood at 145.1 (2006=100) showing a rise of 14.6% when compared to the fourth quarter 2010. The increase at the overall level is the result of higher prices recorded 17.1% in the Mining, and 6.5% in manufacturing groups. More details on the changes at product group level is given below:Within Mining recorded an increase of 17.1 % compared to fourth quarter 2010 due to the increase in condensate 10.5%, Crude oil 20.3%, and Natural gas 15.1%.  Electricity and water prices increase of 0.9% compared to the previous quarter.Within Manufacturing witnessed an increase of 6.5% in the first quarter 2011 compared to the fourth quarter 2010. Refined petroleum products posted an increase of 9.5%, followed by beverages, 7.8%. On the other hand, reduction in prices were reported for some products in the group Cement and glass product (1.1%) and for the group Metal product, machinery and equipment (0.8%).A comparison for the first quarter 2011 with that of 2010 is given at the overall level, the PPI for the Industrial sector increased on average by 22.2 % over Q1 2010. The overall increase is the combined effect of 25% rise reported in Mining and 13.9% rise in Manufacturing. Electricity and water decrease ( 0.1%). This data and other statistical data and indicators are available on QALAM: www.qix.gov.qaFor more details: click here 

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