Industrial Producer Price Index Rises for May

17-Jul-2019

Alrai ـــThe 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 May 2019 to 122.15 compared to 120.60 for the same month of 2018, recording an increase of 1.3%. The most important industrial groups that contributed to this increase were manufacturing industries with a percentage of 0.79 percentage points with a relative importance of 86.0%. Extractive industries by 0.61 percentage points, with a relative importance of 8.2%, while electricity decreased by 0.10 percentage points, with a relative importance of 5.8%. 

The report also indicates that the industrial producer price index for the month of May rose to 122.15 from 121.56 in April 2019. It rose by 0.5%, as a result of the rise in the index of manufacturing prices by 0.95 percentage points, with a relative importance of 86.0% While the index of the prices of the extractive industries decreased by 0.33 percentage points, with a relative importance of 8.2%, and the electricity price index by 0.13 percentage points, with a relative importance of 5.8%. 

In the first five months of 2019, the producer price index rose to 120.13 against 118.95 for the same period in 2018. The index rose by 1.0%. This was due to the rise in the manufacturing price index by 0.08 percentage points, which is important 86.0%, and the index of extractive industries by 1.03 percentage points, with a relative importance of 8.2%, while the electricity price index decreased by 0.12 percentage points, with a relative importance of 5.8%.











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