DOHA: The Monthly Producer Price Index (PPI) of the Industrial sector for December, 2015 is estimated at 49.3 points showing a decrease of 6.8 percent compared to November same year. The fall was driven decline in the “Mining (which includes crude oil and natural gas)”, and “Manufacturing” while an increasing in “Electricity and water”.
On year on year basis, PPI of December, 2015 showed a steep fall of 37.8 percent compared to December 2014, said the Ministry of Development Planning and Statistics yesterday in a press release.
For mining group, PPI of December, 2015 showed a fall of 8.3 percent when compared with November 2015, primarily due to the decreased in prices of “Crude petroleum and natural gas”. PPI of December 2015, when compared with its counterpart in the previous year, there has been a significant fall of 43.3 percent.
For manufacturing group, a decrease of 4.3 percent has been observed in December, 2015, when compared with the previous month’s Manufacturing index during this year. The decreasing prices are noticed in “Refined Petroleum Products” by 6 percent, “Basic chemicals” by 2.8 percent, “Basic Metals” by 1.2 percent, “Other chemical products” by 0.8 percent, “Beverages” by 0.4 percent, and “Cement and other non-metallic products” by 0.1 percent.
