2.3% the average increase in the prices of wholesale trade for the second quarter of 2018

2.3% the average increase in the prices of wholesale trade for the second quarter of 2018

Data issued by the Department of Statistics on the wholesale trade prices indicate an increase in the wholesale trade prices Index for the second quarter of 2018 by 2.3% to reach 98.0 in 2018 compared with 95.7 during the same period in 2017. This was a result of an increase in the prices of the group “sale of motor vehicles and their parts and motorcycles” by 8.5% , this group has increased the index number by 1.59 percentage points, The group of “trade of raw agricultural materials ,cereals and food products, beverages & tobacco” by 2.6%which represented 0.96 percentage points “ sale of garments, clothes and housing and personal commodities” by 2.1% which represented 0.21 percentage points, which their relative importance constitute 19.8% , 39.2%and 10.9% respectively.
While the prices of some commodity groups have been decreased which are the group of “Sale of machinery, equipment and supplies” by 5.3% representing 0.39 percentage points , “Sale of fuel, metals and construction materials and fitting” by 0.4% represented 0.06 percentage points which their relative importance constitute 9.3% and 20.8% respectively.
The report also indicates an increase in the general wholesale trade price index for the second quarter of 2018 by 0.2% compared with first quarter of 2018. This was a result of an increase in the prices of the group “trade of raw agricultural materials ,cereals and food products, beverages & tobacco” by 1.7%, this group contributed of the increase in the index number by 0.61 percentage points,“ sale of garments, clothes and housing and personal commodities” by 0.6% which represented 0.06 percentage points ,“motor vehicles

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