Doha: The overall monthly Producer Price Index (PPI) of Qatar’s industrial sector for February 2022 was estimated at 97.26 points, showing an increase of 65.69 percent when compared to the PPI of the corresponding month the previous year (February 2021).
When compared on month-on-month (M-o-M) basis, the PPI of February 2022 showed an increase of 4.22 percent against PPI of the previous month (January 2022), official data released by the Planning and Statistics Authority (PSA) show.
The ‘Mining’ sector PPI registered an increase of 5.37 percent when compared with the PPI of January 2022, primarily due to the price increase of “Crude petroleum and natural gas” by 5.38 percent, while “Stone, Sand and Clay” decreased by 0.13 percent.
PPI of February 2022, when compared with its counterpart in previous year (February 2021), there was an increase of 72.68 percent.
In the ‘Manufacturing’ sector index, an increase of 2.17 percent has been recorded in February 2022, when compared with the previous month’s Manufacturing index (January 2022).
When compared with the previous year’s (February 2021) index, “Manufacturing” PPI of February 2022 showed an increase of 53.61 percent.
The PPI of Electricity and Water group showed a decrease of 13.71 percent compared to January 2022, resulting from prices fall in “Water” by 14.81 percent, and “Electricity” by 12.90 percent.
When compared the PPI of February 2022, to the PPI of February 2021 (Y-o-Y), showed a decrease of 2.12 percent, affected by prices fall in “Electricity” by 2.55 percent and “Water” by 1.53 percent.
