Industrial Producers' Prices Index Up 14pct in Jan-Nov of 2022Source: www.export-egypt.com 1/12/2023, Location: Middle East |
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The Industrial Producers' Prices index inched up by 14.81 percent in the January-November period of 2022, amounting to 141.92 points against 123.62 points during the same period of 2021, the latest figures showed.
According to figures released by the Department of Statistics (DoS), this upward trend comes as a result of a 14.82 percent increase in the transformative industries prices index, with a relative importance of 86.01 percent and a 34.74 percent increase in the extractive industries prices index, with a relative importance of 8.22 percent, while the prices index of electricity dropped by 7.69, which has a relative importance of 5.76 percent. The producer’s prices index for November of 2022 went up by 6.5 percent, reaching 140.56 points compared to 131.98 during the same month of 2021, the report indicated. The main contributors to the monthly rise were transformative industries with a 4.69 percent contribution to the overall increase followed by extractive industries with 42.7 percent, while the electricity prices index went down by 5.76 percent. |
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