Industrial Producer’s Price Index Decreased by (6.85) % in May 2023

Industrial Producer’s Price Index Decreased by (6.85) % in May 2023

The monthly report issued by the Department of Statistics indicates a decrease in the Industrial Producer’s Price Index for May 2023 by (6.85%) as compared with the same month of 2022 and a decrease in the Industrial Producer’s Price Index for May 2023 by (0.43%) as compared with April 2023.On the accumulative level the Industrial Producer’s Price Index decreased for the first five months of 2023 by (1.31%) as compared with the same period of 2022.

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