Mubasher: Qatar’s producer price index (PPI) jumped 40% year-on-year in August, the Ministry of Development Planning and Statistics (MDPS) said in a statement released on Sunday.
On a monthly basis, Qatar’s PPI rose 4.1% in August, the ministry added.
The manufacturing index of the world’s biggest liquefied natural gas (LNG) exporter consists of three main components, namely mining represents 72.7%, while manufacturing, electricity, and water account for 2.6%, 0.5%, respectively.
The statement attributed the rise to an increase in the mining segment by 4.9%, while the manufacturing sector and natural gas levelled up 48%, the ministry's data showed.
The industrial segment rose 2.2% month-on-month in May due to the increase in fours subgroups and the drop of five other subgroups.
Meanwhile, prices of the electricity and water segment went down 2.4% month-on-month in August.
