25.8 C
Nicosia
Friday, April 26, 2024

0.5% increase for the Producer Price Index in Industry

Must read

0.5% increase for the Producer Price Index in Industry

Insider

The Producer Price Index in Industry for the month of September 2021 reached 110.5 points (basis 2015 = 100), recording an increase of 0.5% compared to August 2021. Regarding the change compared to the corresponding month of the previous year , there is an increase of 11.5%. For the period January-September 2021, the index increased by 4.5% compared to the corresponding period of 2020.

In September 2021 compared to August 2021 the index remained stable in the sector of mines and quarries, while it recorded an increase in the sectors of water supply and material recovery by 2.4%, processing by 0.4% and electricity supply as well. by 0.4%.

Regarding the changes compared to the corresponding month of the previous year, increases have been observed in all sectors, as follows: electricity supply 36.3%, water supply and material recovery 32.8%, processing 4.9% and mining and quarries 1.1%.

By manufacturing sector, in September 2021, compared to the corresponding month of the previous year, increases were recorded in all economic activities, with the most important being presented in the wood industry (26.2%), in the production of basic metals and manufacture of metal products (19, 9%), in the manufacture of rubber and plastic products (8.7%) and in the manufacture of machinery and equipment, motor vehicles and other transport equipment (4.0%).

Table 1

Economic Activity a

Index (2015 = 100)

 

Percentage change (%)

Aug

2021

Sep

2021

 

Sep 2021 /

Aug 2021

Sep 2021 /

Sep 2020

Jan-Sep 2021 /

Jan-Sep 2020

Mines and Quarries

99.3

99.3

0.0

1.1

0.6

Processing

106.0

106.4

0.4

4.9

2.2

Power supply

122.2

122.7

0.4

36.3

8.9

Water Supply and Material Recovery

127.5

130.5

2.4

32.8

26.0

General Index

Domestic

Export

110.0

111.5

103.3

110.5

112.1

103.4

 

0.5

0.5

0.1

11 , 5

12.7

6.5

4.5

4.4

4.7

Note: The data for August 2021 in the field of Water Supply and Materials Recovery and September 2021 in the fields of Electricity Supply and Water Supply and Materials Recovery are preliminary.

Table 2

NACE Code

Rev.2

Economic activity

Percentage change (%)

Sep 2021 /

Aug 2021

Sep 2021 /

Sep 2020

Jan-Sep 2021 /

Jan-Sep 2020

Γ

Processing

0.4

4.9

2.2

10 + 11 + 12

Food, Beverage and Tobacco Products Industry

0.0

2.2

0.7

13 + 14 + 15

Production of Textiles, Clothing and Leather Goods

0.1

1.4

0.3

16

Wood Industry and Manufacture of Wood and Cork Products, except Furniture

4.3

26.2

11.7

17 + 18

Manufacture of Paper and Paper Products and Prints

0.5

2.4

1.0

19 + 20 + 21

Production of Petroleum Refining Products, Chemicals and Products and Pharmaceutical Products and Preparations

0.2

0.5

-0.1

22

Manufacture of Products from Rubber and Plastics

4.8

8.7

2.3

23

Production of Other Non-Metallic Mineral Products

-0.6

2.6

2.0

24 + 25

Production of Basic Metals and Manufacture of Metal Products

0.1

19.9

10.8

26 + 27

Manufacture of Electronic and Optical Products and Electrical Equipment

0.4

2.6

0.6

28 + 29 + 30

Manufacture of Machinery and Equipment, Motor Vehicles and Other Transport Equipment

1.3

4.0

1.4

31 + 32 + 33

Manufacture of Furniture, Other Manufacturing Activities and Repair and Installation of Machinery and Equipment

0.4

2.6

1.3

Source: www.philenews.com

- Advertisement -AliExpress WW

More articles

- Advertisement -AliExpress WW

Latest article