The Industrial Producer Price Index edged up by 2.59 percent in the first quarter of 2023, amounting to 137.20 points against 133.73 points in the same period of 2022, the latest figures showed.
A report issued by the Jordanian Department of Statistics (DoS) today said this upward trend results from a 1.63 percent increase in the transformative industries price index and a 23.65 percent increase in the extractive industries price index, while the price index of electricity dropped by 9.56 percent.
The DoS report indicated that the producer price index for March of 2023 inched up by 0.41 percent, reaching 137.99 points compared to 137.43 during the same month of 2022.
The main contributors to the monthly rise were extractive industries with a 27.50 percent contribution to the overall increase. However, prices of transformative industries and electricity went down by 1.02 percent and 11.52 percent, respectively.
Source: Qatar News Agency
