Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar Producer Price Index rises 4.1 percent  Join our daily free Newsletter

MENAFN - The Peninsula - 25/08/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - The Peninsula) The Monthly Producer Price Index (PPI) of the Industrial sector for June 2014 increased 4.1 percent to 171.3 compared to June last year, said Ministry of Development Planning and Statistics (MDPS) in a press release yesterday.

The index, which covers mining, electricity and water and manufacturing activities, is a measure of the average changes in selling prices received by domestic producers for their output.

On month on month basis the index showed an increase of 0.6 percent over May 2014. Mining group, which has a weightage of 77 percent, PPI showed a rise of 0.7 percent over May 2014. The increasing price showed in Crude petroleum and natural gas by 0.7 percent.

Manufacturing group (with a weight of 21 percentage), PPI showed a rise of 0.1 percent. The increasing prices is explained by the combined effect of increasing prices seen in Refined Petroleum products by 0.8 percent, Dairy products by 0.6 percent, Grain mill and other products by 0.4 percent. Beverages and Basic Chemicals increased by 0.2 percent.

On the other decrsing prices noted in Basic Metals by 4.0 percent and Cement and other non-metallic products by 0.4 percent.

Electricity and water group (with two percent weightage), PPI has increased by 0.8 percent, primarily due to the overall price increase seen in the Electrical Energy group by 1.9 percent and decrease prices seen in water by 1.1 percent.

Mining group PPI shows an increase of 4.2 percent, primarily due to the price increase seen in Crude petroleum and natural gas group by the same percentage.

The Manufacturing group PPI shows an increase of 3.9 percent in June, 2014, when compared to the PPI of June, 2013.

The major groups which explain this price rise include Basic chemicals by 9.2 percent, Refined Petroleum Products by 2.5 percent, Basic Metals by 2.3 percent and Grain mill and other products by 1.3 percent. However, prices decline are noticed in Beverages by 3.2 percent.

The PPI for Electricity and Water shows a decrease of 3.3 percent, resulting from the effect of price fall seen in Electricity by 4.1 percent, and Water by 1.8 percent.


The Peninsula

  MENA News Headlines
 Oct 25 2016 - AIWF holds successful Young Arab Women Leaders: The Voice of the Future initiative in Kuwait with the valued support of the Ministry of State for Youth AffairsMENAFN Press
(MENAFN Press) Following on from the success of the Young Arab Women Leaders: The Voice of the Future conferences in Amman, Beirut and Dubai in 2012, Palestine in 2013, London in 2011 and 2014, and ...

 Oct 25 2016 - Microsoft and Toyota Join Forces in FIA World Rally ChampionshipMENAFN Press
(MENAFN Press) Markazia, the sole distributor of Toyota, Lexus and Hino trucks in Jordan, announced that Toyota recently reached an agreement with Microsoft to collaborate in the 2017 FIA World ...

 Oct 25 2016 - Region’s retail industry expected to grow by 7%MENAFN Press
(MENAFN Press) Despite a softening in some markets of the GCC construction sector, and slow global oil price recovery, retail industry in the region is expected to see yearly growth between 7 to 12 ...

 Oct 25 2016 - Dubai design week officially opens at d3MENAFN Press
(MENAFN Press) Held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Vice Chairman, Dubai Culture in partnership with Dubai Design District (d3), and supported ...

 Oct 25 2016 - Bedaya organises “Social Media Marketing for startups” workshopMENAFN Press
(MENAFN Press) The Bedaya Center for Entrepreneurship and Career Development (Bedaya Center), a joint initiative by Qatar Development Bank and Silatech recently hosted its monthly “Second Sunday” ...

 Oct 25 2016 - Global adds new markets and additional features to its online trading service, Global WasataMENAFN Press
(MENAFN Press) Global Investment House "Global" or the "Company", a regional asset management & investment banking firm headquartered in Kuwait with offices in major capital markets in the MENA ...

 Oct 25 2016 - Al Nafisi : International companies now establishing businesses at Mazaya LogisticsMENAFN Press
(MENAFN Press) Al Mazaya Holding revealed that it has achieved an 82 percent occupancy rate in its Mazaya Logistics project in Bahrain Investment Wharf. The ML consists of 44 industrial units ...

 Oct 25 2016 - du and RGA London Announce New Strategic Alliance: ‘Connected Design by RGA & du’MENAFN Press
(MENAFN Press) R/GA London, the company for the Connected Age, and UAE-based telecommunications service provider – ‘du’, announced a new strategic alliance to create a regional best-in-class ...

 Oct 25 2016 - Sharjah International Children’s Film Festival serves as an ode to excellence in international cinemaMENAFN Press
(MENAFN Press) Sharjah International Children’s Film Festival (SICFF), running from October 23 to 28 at JRCC and Novo Cinemas, boasted its most impressive line-up of films yet, showcasing the depth ...

 Oct 25 2016 - Abu-Ghazaleh & Mexican Ambassador Patronize the JOrchestra and Mexican ConductorMENAFN Press
(MENAFN Press) The Jordanian National Orchestra Association (JOrchestra) presented a special concert entitled "Friendship" with the attendance of HE Dr. Talal Abu-Ghazaleh, HRH Princess Wejdan and ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help