Doha: The Producer Price Index (PPI) of the Industrial sector for September 2020 increased by 2.9 percent compared with previous month’s PPI. The overall PPI for September 2020 was estimated at 42.1 points, according to data released yesterday by the Planning and Statistics Authority (PSA).
When compared on yearly basis (y-o-y), the PPI of September 2020 showed a decrease of 31.4 percent when compared to the PPI of September 2019.
The index (PPI) covers goods relating to “Mining” (weight: 72.7 percent), “Manufacturing” (weight: 26.8 percent), and “Electricity & Water” (weight: 0.5 percent).
The Mining sector PPI registered an increase of 4 percent in September 2020 compared with the PPI of August 2020, primarily due to the price increase of “Crude petroleum and natural gas” by 4 percent, while “Stone, Sand and Clay” decreased by 1.2 percent. PPI of September 2020, when compared with its counterpart in previous year (September 2019), there was a decrease of 37 percent
The Manufacturing sector showed an increase of 1.4 percent in September 2020 compared with the previous month’s Manufacturing index (August, 2020).
When compared on year-on-year basis (with the PPI of September 2019), the “Manufacturing” PPI of September 2020 showed a decrease of 20 percent.
