(MENAFN- The Peninsula) DOHA: Driven by mining group, which includes crude oil and natural gas, Qatar";s overall Producer Price Index (PPI) of the industrial sector touched an estimated 46.7 points, an increase of 4 percent on month-on-month in June. On year-on-year basis, the PPI fell 25.3 percent for the month, data released by the Ministry of Development Planning and Statistics (MDPS) noted yesterday.
PPI is a weighted index of prices measured at the wholesale, or produced level. Industrial sector PPI covers goods relating to ‘mining, electricity and water and manufacturing. The mining segment witnessed a rise of 6.0 percent in June, when compared with the previous month, primarily due to the increased in prices of 'Crude petroleum and natural gas”. ‘Manufacturing"; recorded an increase of 1.3 percent, while the ‘electricity and water"; group showed a decrease of 5.0 percent.
The Peninsula