PRODUCER PRICE INDEX (Goods) - September 2015

FBoS Release No: 89, 2015
30th December 2015


The Producer Price Index (Goods) 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.

September Quarter Highlights

ppiSep15a

The All Items PPI (Goods) index stood at 112.1 for the September quarter of 2015, representing declines of 0.5 and 0.3 percentage points when compared to a year earlier and to the June quarter of 2015 respectively.

  1. The movement of the “All Items” index is influenced by the following;
  2. The world market price and exchange rate fluctuations for sugar, gold and copra;
    Supplier price of dairy products and
  3. Increased market competition for basic metals and fabricated metal products, except machinery and equipment.

 

 

 

 



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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 (Goods) for December Quarter of 2015 will be released by 31st March, 2016.