The Manufacturing Sector Producer Price Index
dropped by 1.73% in the first quarter of 2020 compared to fourth quarter of
2019, as it is dropped by 2.66% compared to first quarter of 2019.
Manufacturing Sector Producer Quarter Price
Index (December 2018 = 100)
(First Quarter of 2019 – First Quarter of
2020)
Manufacturing
Sector Producer Price Movement during the First Quarter of 2019 Compared to the
Fourth Quarter of 2019
(Quarterly Change)
The Manufacturing Sector Producer Price Index
dropped by 1.73% in the first quarter of 2020 compared to fourth quarter of
2019, as a result of the drop of prices of the following sectors: Drop of Refined
Petroleum Products by 17.67%, drop of Basic Pharmaceutical Products and
Pharmaceutical Preparations by 3.83%, drop of Motor Vehicles, Trailers and
Semi-Trailers by 3.52%, drop of Machinery and Equipment N.E.C. by 2.56%, drop
of Leather and Related Products by 2.54%, drop of Other Non-Metallic Mineral Products
by 1.84%, drop of Electrical Equipment by 0.80%, drop of Rubber and Plastics Products
by 0.62%, drop of Textiles by 0.30%, drop of Furniture by 0.12%, and drop of Manufacture
of Basic Metals by 0.11%.
On the other hand, the prices of other
sectors increased compared to the fourth quarter of 2019, as the prices of the
following sectors increased: Beverages increased by 7.78%, Other Manufacturing increased
by 6.38%, Printing and Reproduction of Recorded Media increased by 2.77%, Food
Products increased by 2.31%, Chemicals and Chemical Products increased by 1.90%,
Paper and Paper Products increased by 1.72%, Fabricated Metal Products, Except
Machinery and Equipment increased by 1.67%, And Tobacco Products increased by 0.98%.
Whereas the prices of the following were stabilized: Wearing Apparel, Wood and
Products of Wood and Cork, Except Furniture, Other Transport Equipment and Repair
and Installation of Machinery and Equipment.
| Manufacturing
Sector Producer Price Movement during the First Quarter of 2019 Compared to the
First Quarter of 2019
(Annual Change)
The Manufacturing Sector Producer Price Index
dropped by 2.66% in the first quarter of 2020 compared to first quarter of
2019, as a result of the drop of prices of the following sectors: Drop of Refined
Petroleum Products by 17.61%, drop of Motor Vehicles, Trailers and Semi-Trailers
by 5.99%, drop of Manufacture of Basic Metals by 5.18%, drop of Machinery and
Equipment N.E.C. by 4.56%, drop of Leather and Related Products by 3.97%, drop
of Paper and Paper Products by 3.90%, drop of Basic Pharmaceutical Products and
Pharmaceutical Preparations by 3.83%, drop of Textiles by 3.91%, drop of Other
Non-Metallic Mineral Products by 2.15%, drop of Rubber and Plastics Products by
1.86%, drop of drop of Beverages by 1.46%, drop of Electrical Equipment by 0.72%,
drop of Furniture by 0.11%, and drop of Repair and Installation of Machinery
and Equipment by 0.05%.
On the other hand, the
prices of other sectors increased in the first quarter of 2020 compared to the
same quarter of 2019, as the prices of the following sectors increased: Other
Manufacturing increased by 21.23%, Food Products increased by 2.45%, Fabricated
Metal Products, Except Machinery and Equipment increased by 2.05%, Chemicals
and Chemical Products increased by 1.59%, Printing and Reproduction of Recorded
Media increased by 0.96%, Tobacco Products increased by 0.43%, Wood and Products of Wood and Cork,
Except Furniture increased by 0.02%. Whereas the prices Wearing Apparel and
Other Transport Equipment were stabilized in the first quarter of 2020
compared to the same quarter of 2019.