December 12, 2019
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    Producer Price Index grows 4.5 % Featured

    June 20, 2019

    The Producer Price Index (PPI) of all economic activities covering: agriculture, manufacturing and electricity and water supply for the month of April was 139.1 while the annual growth rate for the month of April was 4.5 per cent, according to Department of Census and Statistics.

    The PPI reported for the economic activities: agriculture, manufacturing and electricity and water supply reported are 153.3, 132.4 and 88.3 respectively. Manufacturing and electricity and water supply sectors reported positive annual growth rates of 10.5 per cent and 2.0 percent respectively. Even though, agriculture activity reported a negative growth rate of 6.6 per cent in the month of April 2019.

    The agricultural activities, production of eggs and growing of vegetables reported remarkably high growth rates of 42.5 per cent and 40.1 per cent in April 2019 on annual basis.Further, production of dairy reported a positive annual growth rate of 3.3 percent.

    Last modified on Friday, 21 June 2019 15:31

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