
PPI-M which stood at 155.0 in June 2024, registered an increase of 1.7 points (+1.1%) to reach 156.7 in September 2024. On a monthly basis, PPI-M increased by 0.4 point (+0.3%) in July, 0.8 point (+0.5%) in August and 0.5 point (+0.3%) in September 2024.
The average PPI-M for the third quarter of 2024 stood at 156.1, i.e., an increase of 1.6 points (+1.0%) from 154.5 in the second quarter of 2024. This increase was mainly attributable to higher prices of “Wearing apparel » (+5.1%), “Chemicals and chemical products » (+1.6%), “Furniture » (+1.4%), “Textiles » (+8.0%), “Food products and beverages » (+0.3%), “Other non-metallic mineral products » (+1.6%), “Other transport equipment » (+3.2%) and “Other products » (+3.8%), partly offset by decreases in the prices of “Printing and reproduction of recorded media » (-1.5%).
Compared to the corresponding quarter of 2023, , the average PPI-M for the third quarter of 2024 increased by 5.0 points (+3.3%), mainly explained by higher prices of “Food products and beverages » (+1.6%), “Furniture » (+6.8%), “Wearing apparel » (+10.0%), “Other non-metallic mineral products » (+7.9%), “Rubber and plastic products » (+11.2%), “Textiles » (+17.2%), “Other transport equipment » (+7.9%), “Fabricated metal products » (+1.4%) and “Other products » (+11.9%), partly offset by decreases in the prices of “Chemicals and Chemical Products » (-1.6%) and “Basic Metals » (-8.0%).