Home > Abu Dhabi's Producer Price Index up 5.1% in Q1: SCAD

Abu Dhabi's Producer Price Index up 5.1% in Q1: SCAD


Source: WAM

The Producer Price Index (PPI) increased in the first quarter of 2019 by 5.1 percent compared with the same quarter in 2018, rising to 81.3 percent in the first quarter of 2019 from 77.3 percent in the first quarter of 2018, according to figures released by Statistics Centre - Abu Dhabi (SCAD) on Thursday.

''The key activity that recorded an increase in its price, during the first quarter of 2019 compared with the corresponding quarter in 2018, was ‘Manufacture of fabricated metal products, except machinery and equipment’, for which prices increased by 26.9 percent, contributing 58.3 percent to the overall change,'' the Q1 report noted.