Doha – Mubasher: The Qatari Ministry of Development Planning and Statistics on Sunday announced that the Producer Price Index (PPI) rose 17.8% year-on-year and 5% month-on-month in September 2017.
The PPI consists of three main sectors, including mining, manufacturing, and electricity and water segment, which represents 72.7%, 26.8%, and 0.5%, respectively, according to a statement.
The mining industry index climbed 5.1% month-on-month and 18.3%year-on-year in September due to the increase in the prices of crude oil and natural gas by 5.2%.
Likewise, the manufacturing index grew 5% month-on-month, while it hiked 17.2% year-on-year due to the rise in refining oil products, metals, main chemical materials, other chemical materials and fibres, and grains and other products by 23.2%, 12.7%, 11.5%, 10.5%, and 1.1%, respectively.
On the other hand, production of rubber and plastic, cement and non-metallic products, soft drinks and beverages, papers, juices, and dairy products dropped year-on-year by 5%, 3.7%, 2.5%, 2.2%, 1.9%, and 0.9%, respectively.
Moreover, the electricity and water segment fell 1.9% month-on-month as a result of the decline in electricity and water by 2.4% and 1.1%, respectively.
Meanwhile, the electricity and water segment retreated rose 4.3% month-on-month, as water surged 12.2%, whereas electricity tumbled 2.8%.
