Department of Statistics: Producers Price Index (PPI) decreased by (0.30%) for the first nine months of 2024

Department of Statistics: Producers Price Index (PPI) decreased by (0.30%) for the first nine months of 2024

The Department of Statistics issued its monthly report on Producers Price Index (PPI) which observed a decrease by (0.30%) for the first nine months of 2024 compared to the same period of 2023, and a decrease by (0.43%) in September 2024 compared to the same month of 2023, and an increase by 0.12% compared to August 2024. Noting that the base year has been adjusted to become (100=2018) instead of (100=2010).

Accordingly, the PPI of the first nine months of 2024 had reached 107.40 against 107.72 for the same period of 2023, and the PPI for September 2024 reached 107.50 against 107.96 for the same month of 2023, while the PPI for September 2024 has reached 107.50 against 107.37 compared to August 2024.

Read More….