Industrial Producer Prices Rose for The Month of January

12-Mar-2019

The Department of Statistics issued its monthly report on the index of industrial producer prices, which indicates a rise in the industrial producer price index for January 2019 to 118.62 against 116.97 for the same month of 2018, recording an increase of 1.4%. Among the major industrial groups that contributed to this increase were manufacturing industries with 0.21 percentage points, with relative importance of 86.0%, extractive industries by 1.33 percentage points, with a relative importance of 8.2%, while electricity prices decreased by 0.13 percentage points, 5.8%. 

The report also indicates that the industrial producer price index for the month of January to 118.62 against 121.43 for the month of December of 2018 decreased by 2.3%, as a result of the decline in the index of manufacturing prices by 2.88 percentage points, the relative importance of 86.0 The index of the prices of the extractive industries rose by 0.18 percentage points, with a relative importance of 8.2%, and the electricity price index increased by 0.38 percentage points, with a relative importance of 5.8%.











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