The PPI (Producer Price Index) of all reported for the economic activities including agriculture, manufacturing and electricity and water supply sectors are 153.4, 131.5 and 88.1 respectively. The annual growth rate of PPI for the month of May is 2.4 percent, According to the Department of Census and Statistics Ministry of Economic Reforms and Pubic Distribution.
Manufacturing sector reported a positive annual growth rate of 7.5. Even though, electricity and water supply and agriculture activities reported negative growth rates of 0.1 percent and 7.1 percent in the month of May 2019.
The sub activity of farming of animals posted a positive growth rate of 15 percent, However, The sub activity, growing of crops reported a negative growth rate of 7.9 percent on annual basis.
Even though, the sub activity growing of vegetables (27.3%) marked a positive growth rate, other two activities growing of fruits, nuts, beverage and spice crops (10.9%) and growing of cereals and other crops (4.0%) reported negative growth rates Egg production (23.4%) and dairy production (2.7%) reported positive growth rates in May 2019 compared to the same month in 2018.
The sub activities of the manufacturing sector: Publishing, printing and reproduction of recorded media (24.5%) recorded significantly high growth rates while, manufacture of textiles increased, (16.3%).
0 comments: