(13.33%) is the decrease of the Producer’s Price Index for July 2023

(13.33%) is the decrease of the Producer’s Price Index for July 2023

The monthly report issued by the Department of Statistics indicates a decrease in the producer’s price index for July of 2023 by (13.33%) compared with the same month of 2022 and a decrease by (1.42%) compared to the previous month of the same year. On the accumulative level, the producer’s price index decreased for the first seven months of 2023 by (4.27%) compared with the same period of 2022.

Accordingly, the producer’s price index for July of 2023 has reached 131.17 compared to 151.35 for the same month in 2022. The producer’s price index for July 2023 also has reached 131.17 compared to 133.05 for the previous month. At the accumulative level for the first seven months of 2023, the producer’s price index has reached 135.41 compared to 141.44 for the same period in 2022.

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