Posted on November 25, 2014

Ministry of Development Planning and Statistics (MDPS) has released the Monthly Producer Price Index (PPI) of the Industrial sector for September 2014 which covers Mining, Electricity & Water and Manufacturing activities. This indicator is a measure of the average selling prices received by domestic producers for their output. The PPI for September, 2014 stands at 158.4, which shows a decrease of 3.4% over the PPI of August 2014; and 7.6% (year-on-year) when compared to the PPI of September 2013.

Compared with August 2014, the breakdown of the overall PPI for September, 2014 by main groups show a decline of 4.0% in “Mining” group (with a weight of 77%), the decreasing price shows up in Crude petroleum and natural gas by same percentage. “Manufacturing” group PPI (with a weight of 21%)shows a fall of 0.6%.The decreasing prices shows up in Basic Chemicals by 1.9%, “Beverages” group by 1.4%, Refined Petroleum products by 0.5%,and “Cement and other “non-metallic products” groups by 0.2%. An increase is noticed in Dairy products by 3.6%, Basic metals by 2.0%, and “Grain mill and other products”, by 1.5%.

The PPI of “Electricity and water” group (with 2.0% weightage) shows a decline of 0.2%, resulting from the effect of price fall seen in  Electricity by 0.4% and rise in Water by 0.2%.

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The overall PPI of September, 2014, compared to the PPI of September, 2013, has decreased (year-on year) by 7.6%. The “Mining” group PPI shows a dropped by8.8%, primarily due to the price decrease seen in “Crude petroleum and natural gas” by  the same percentage. The “Manufacturing” group PPI shows a decline of 2.5% in September, 2014, when compared to the PPI of September, 2013. The major groups which explain this price fall are “Refined Petroleum Products” by 4.9% and “Beverages” by 2.9%.  However, prices rise are noticed in “Dairy products” by 4.8%,“Cement and other non-metallic products” by 1.8%, “Grain mill and other products” by 1.4%, “Basic chemicals” by 1.3%and "Basic Metals” by 0.8%.

The PPI for “Electricity & Water” shows a decrease of 4.5%, resulting from the effect of price fall seen in Electricity by 4.5% and Water by 1.6%. Further details on monthly/annual comparison of indices are available in Table (1) and figures (1) and (2) of the Press Release, and more detailed data and indexes are available on the Ministry’s website: and QALM:

Click here to view the tables and graphs.