Producer Price Index - Manufacturing - 4th Quarter 2019
Highlights
(Base Period: 2013=100)
1. PPI-M, which stood at 110.2 in September 2019, registered an increase of 0.2 point (+0.2%) during the fourth quarter of 2019 to reach 110.4 in December 2019. On a monthly basis, PPI-M remained unchanged in October 2019 at 110.2, increased to 110.4 representing a rise of 0.2 point (+0.2%) in November 2019 and remained at 110.4 in December 2019.
2. The average PPI-M for the fourth quarter of 2019 stood at 110.3, i.e. an increase of 0.1 point (+0.1%) from 110.2 in the third quarter of 2019. This increase was mainly attributable to higher prices of “Food products and beverages” (+0.3%), partly offset by a decrease in the prices of “Printing and reproduction of recorded media” (-1.4%). Compared to the corresponding quarter of 2018, the average PPI-M for the fourth quarter of 2019 increased by 1.1 points (+1.0%), mainly explained by higher prices of “Food products and beverages” (+1.2%), “Other products” (+8.3%), “Wearing apparel” (+2.3%) and Other transport equipment (+3.6%), partly offset by a decrease in the prices of “Printing and reproduction of recorded media” (-2.1%).
March 2020
