Doha: The general Producer Price Index (PPI) for Qatar's industrial sector in February stood at 114.01 points, maintaining stability compared to January but showing a decrease of 0.33 percent from the same month in 2024. According to Qatar News Agency, the PPI for the industrial sector comprises four main sectors. Mining and quarrying, which form 82.46 percent of the index, registered a 0.12 percent decline compared to January 2025 due to a 0.11 percent drop in crude oil and natural gas extraction prices, while other mining and quarrying activities saw no price changes. Annually, the mining and quarrying sector index fell by 0.42 percent, attributed to the same factors, despite a slight 0.06 percent increase in other mining and quarrying activity prices. The manufacturing sector index rose by 0.50 percent from January 2025, driven by price increases in product categories such as rubber and plastic products, refined petroleum products, chemical products, basic metals, cement and non-metallic mineral product s, and beverages. Conversely, food product prices fell by 3.12 percent, with no change in printing and reproduction of recorded media prices. On a yearly basis, the manufacturing sector index increased by 0.60 percent compared to February 2024, due to notable price hikes in basic metals, cement and non-metallic mineral products, rubber and plastic products, chemical products, beverages, and printing, despite declines in refined petroleum products and food products prices. In the electricity, gas, and air conditioning supply sector, the index increased by 1.01 percent from January 2025, but experienced a year-on-year decline of 8.28 percent. The water supply sector saw a 2.75 percent decrease in its index compared to January 2025, yet recorded an annual increase of 7.24 percent compared to February 2024.
Home » Qatar’s Producer Price Index Records 0.33% Yearly Decline for February
Qatar’s Producer Price Index Records 0.33% Yearly Decline for February
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