•  General PPI of September 2018, increased by 1.9% when compared with previous month (M-O-M).
•  General PPI of September 2018, increased by 36.1% when compared with September 2017 (Y-O-Y).
  
•  PPI of Crude Petroleum and Natural gas production increased by 1.6%, comparing with previous month.

 
Ministry of Development Planning and Statistics (MDPS) has released the Monthly Producer Price Index (PPI) of the Industrial sector for September 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 September, 2018 showed an increase by 1.4% when compared with PPI of August 2018, primarily due to the increase of “Crude petroleum and natural gas” prices by 1.6%. PPI of September 2018, when compared with its counterpart in previous year (September 2017), there has been a considerable increase of 42.8%.

Manufacturing
An increase of 3.0% has been recorded in September, 2018, when compared with the previous month’s Manufacturing index (August,2018). The prices increase are seen in: “Refined Petroleum products” by 4.1%, “Basic Chemicals" by 2.8%, “Dairy products” by 1.9%, “Beverages” by 0.5%. However, the decreasing prices are noticed in: “Basic Metals” by 2.2%, “Rubber and Plastics products” by 1.0%, “Cement and Other non-metallic products” by 0.8%, “Grain mill and Other products” by 0.1%. No change noticed in “Juices” ,“Paper and Paper products ”, and “Other chemical products and fibers”.
 

Comparing with the index of counterpart in the previous year (September 2017), “Manufacturing” PPI of September, 2018 showed a rise of 23.6%. The major groups which explain this price increase are
“Refined Petroleum products” by 31.9%, followed by “Dairy products” by 15.6%, “Basic chemicals” by 12.7%, “Basic Metals” by 11.1%, “Paper and Paper Products” by 10.7%, "Juices" by 7.5%,
“Other chemical products and fibers” by 5.5%, “Rubber and Plastics products” by 1.1%, and “Beverages” by 0.2%. However, prices fall also noticed in "Cement and Other non-metallic products” by 4.1%. No change noticed in “Grain mill and Other products”.

Electricity and Water
The PPI of this group showed an increase of 0.1% compared to August 2018, resulting from an increasing price in “Water” by 6.1%, and a decreasing  in “Electricity” by 5.8%. When compared the PPI of September, 2018, to the PPI of September, 2017 [Y-o-Y], showed an increase  of 3.9%, affected by  prices rise in “Water” by 6.6%,  and “Electricity” by 1.6%.

Overall Index (PPI of Industrial sector)
The PPI for September, 2018 is estimated at 74.6 points showing an increase by 1.9%, when compared to the previous month’s August 2018. On [Y-o-Y] basis, PPI of September, 2018 showed a rise of 36.1% when compared to the PPI of September 2017. .

For more information click here