The Producer Price Index (PPI) for May 2021 in Qatar increased 7.5 percent MoM and 92.1 percent YoY, official data showed Tuesday.

The PPI covers goods related to 'Mining' (weight: 72.7 percent), 'Manufacturing' (weight: 26.8 percent), and 'Electricity & Water' (weight: 0.5 percent).

Data published Tuesday by the Planning and Statistics Authority showed that mining PPI increased 8.8 percent on a monthly basis, driven by the increase in 'Crude petroleum and natural gas' by 9.0 percent, and 'Stone, Sand and Clay' by 0.6 percent. On an annual basis, the increase registered was 117.2 percent.

Manufacturing increased 5.2 percent on a monthly basis. The increase was seen in: 'Basic Chemicals' by 8.6 percent, followed by 'Rubber and Plastics products' by 5.4 percent, 'Refined Petroleum products' by 4.6 percent, 'Paper and Paper products' by 4.5 percent, 'Basic Metals' by 3.6 percent, 'Juices' by 1.2 percent, 'Dairy products' by 0.6 percent, However, the decreasing prices are noticed in 'Cement and Other non-metallic products'
by 1.1 percent, 'Beverages' by 0.7 percent, 'Grain mill and Other products' by 0.2 percent. While no change is noticed in 'Other chemical products and fibers'.

On an annual basis, manufacturing PPI increased 58.9 percent. This was driven by a rise in 'Refined Petroleum products' by 74.6 percent, followed by 'Basic chemicals' by 66.8 percent, 'Basic Metals' by 26.8 percent, 'Paper and Paper Products' by 15.3 percent, 'Rubber and Plastics products' by 8.5 percent, 'Juices' by 3.7 percent, 'Dairy products' by 0.4 percent. However, prices fall in 'Cement and Other nonmetallic products' by 8.1 percent, followed by 'Beverages' by 1.1 percent, 'Grain mill and Other products' by 0.7 percent, 'Other chemical products and fibers' by 0.4 percent.

The PPI for Electricity and Water showed a decrease of 5.1 percent compared to April 2021, resulting from fall prices in 'Electricity' by 7.9 percent, and 'Water' by 2.2 percent. There was an increase of 7 percent on annual basis, due to increases in Water by 17.2 percent, that was offset by a 1.3 percent decline in electricity.