PRODUCER PRICE INDEX - March 2015

[Base: March Quarter 2011 = 100.0]

FBoS Release No: 35, 2015

29th June 2015


The Producer Price Index (Goods) is a family of indexes that measures the average change over time in the prices received by domestic producers of goods, that is, the prices of goods as and when they leave the factory or the producers’ premises. Information contained in this release are used to estimate Gross Domestic Product at Constant Prices.

The Fiji Standard Industrial Classification (FSIC) 2010 has been used for classifying industries and commodities.

The PPI (Goods) survey covers the following industries; Mining & Quarrying, Manufacturing, Electricity and Water.

March Quarter Highlights

ppiMar15aThe All Items PPI (Goods) index stood at 112.8 for the March quarter of 2015. This showed a slight decline of 0.2 percentage points when compared to the same period in 2014 and 0.3 percentage points when compared to the December quarter of 2014.

Since the Manufacturing industry, in particular the food products category has the highest weight; this has an impact to the “All Items” index movement in any given period.

 

 

 

 

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For further enquiries, please contact Ms. Komal Devi on email or telephone 331 5822 ext (386 239) or direct line 323 0839.

The Producer Price Index for June Quarter of 2015 will be released by 30th September, 2015.