Qatar’s industrial sector PPI rises by 94.9% in July

Doha: The overall monthly Producer Price Index (PPI) of Qatar’s industrial sector for July 2021 was estimated at 76.0 points, showing an increase of 94.9 percent when compared to the PPI of the corresponding month last year (July 2020). 

When compared on month-on-month (M-o-M) basis, the PPI of July 2021 showed an increase of 6.6 percent against PPI of the previous month (June 2021), official data released by the Planning and Statistics Authority (PSA) showed.  The Mining sector PPI registered an increase of 6.9 percent when compared with the PPI of June 2021, primarily due to the price increase of “Crude petroleum and natural gas” by 7.0 percent, while no change was noticed in “Stone, Sand and Clay”. PPI of July 2021, when compared with its counterpart in previous year (July 2020), there was an increase of 115.1 percent.