 General PPI of November 2019, increased by 4.5% when compared with previous month (M-O-M).
 General PPI of November 2019, decreased by 14.0% when compared with November,2018 (Y-O-Y).
 PPI of Crude Petroleum and Natural gas production increased by 6.3%, comparing with previous month.

 
Planning and Statistics Authority (PSA) has released the Monthly Producer Price Index (PPI) of the Industrial sector for November 2019 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 November, 2019 for this sector showed an increase by 6.3 % when compared with PPI of October 2019, primarily due to the increase of “Crude petroleum and natural gas” prices by 6.3%. PPI of November 2019, when compared with its counterpart in previous year (November 2018), there has been a decrease of 14.0%. Graph (1) showed the monthly movement of “Mining” index during November 2018 and November 2019, while Graph (2) showed the  monthly rate of change in General PPI and Mining.

Manufacturing
 An increase of 1.0% has been recorded in November 2019, when compared with the previous month’s Manufacturing index (October,2019). The prices increase are seen in: “Refined Petroleum products” by 3.0% followed  by “Juices”, and “Grain mill and Other products” by 0.1% each. However, the decreasing prices are noticed in: “Basic Metals” by 4.5%, followed by “Basic Chemicals" by 2.3%, “Dairy products” by 1.6%, “Beverages” by 1.0%, and “Cement and Other non-metallic products” by 0.3%. No changes noticed in  "Paper and Paper products”, “Other chemical products and fibers”, and “Rubber and Plastics products”.
 

Comparing with the index of counterpart in the previous year (November 2018), “Manufacturing” PPI of November 2019 showed a decrease of 14.0%. The major groups which explain this price fall are: “Basic chemicals” by 17.5%, “Refined Petroleum products” by 14.4%, “Basic Metals” by 12.5%,  "Cement and Other non-metallic products” 2.0%, “Other chemical products and fibers” by 0.2%, and “Grain mill and Other products” by 0.1%. However, prices increased in  "Juices" by 3.2%, followed by “Paper and Paper Products” by 2.6 %, "Rubber and Plastics products” by 0.7%, “Beverages” by 0.6%, and “Dairy products” by 0.2%.
 Graph (3) shows the graphical presentation of “Manufacturing” index during November, 2018 to November, 2019.

Electricity and Water
The PPI of this group showed an increase of 5.1% compared to October 2019, resulting from the increasing in “Electricity”  by 15.6%, and  decreasing in “Water”  by 5.8%. When compared the PPI of November, 2019, to the PPI of November,2018  [Y-o-Y], showed an increase of 1.0%, affected by  prices rise in “Water” by 2.0%,  and  “Electricity”  by 0.4%.

Overall Index (PPI of Industrial sector)
The PPI for November,2019 is estimated at 62.2 points showing an increase by 4.5%, when compared to the previous month’s October, 2019. On [Y-o-Y] basis, PPI of November,2019 showed a decrease  of 14.0% when compared to the PPI of November,2018. Graph (4) shows the monthly of PPI and rate of change during November,2018 to November,2019, also table (1) includes the PPI of November, 2019 with monthly and yearly comparisons.

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