Producer Price Index for Q1 2019

The PPI-M, which stood at 109.3 in December 2018, registered an increase of 0.3 point (+0.3%) during the first quarter of 2019 to reach 109.6 in March 2019. On a monthly basis, the PPI-M decreased by 0.1 point (-0.1%) in January 2019 and increased by 0.2 point (+0.2%) in both February and March 2019.

The average PPI-M for the first quarter of 2019 stood at 109.4, i.e. an increase of 0.2 point (+0.2%) from 109.2 in the fourth quarter of 2018. Compared to the corresponding quarter of 2018, the average PPI-M for the first quarter of 2019 increased by 2.1 points (+2.0%), mainly explained by higher prices of “Food products and beverages” (+2.6%).