Doha, Qatar – The Producer Price Index (PPI) of Qatar’s industrial sector declined by 1.75 percent in January 2023 when compared with the PPI of January 2022.
The PPI for January 2023 was 129.59 points, down 4.71 percent from December 2022.
For mining and quarrying, the January PPI showed a decrease of 5.61 percent when compared with that of previous month.
For manufacturing sector, a PPI increase of 0.08 percent was recorded in January 2023 over the previous month.
The PPI of crude petroleum and natural gas rose by 5.61 percent.
The price increase of 7.49 percent was seen in: refined petroleum products followed by rubber and plastics products at 5.50 percent, cement and other nonmetallic mineral products by 0.93 percent, basic metals by 0.89 percent, and beverages by 0.82 percent,
Prices of chemicals and chemical products reduced by by 2.44, and food products by 0.49 percent. No change in prices was noticed in printing and reproduction of recorded media in the month.