PRODUCER PRICE INDEX (GOODS) - September 2016

FBoS Release No: 89, 2016
29th December 2016


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

gppiSep16aThe All Items PPI (Goods) index stood at 114.9 for the September quarter of 2016, representing an increase of 2.5 and 0.3 percentage points when compared to a year earlier and to the June quarter of 2016 respectively.

The movement of the “All Items” index is influenced by the following;

  1. Supplier prices of wood and of products of wood and cork except furniture; manufacture of articles of straw and plaiting materials, wearing apparel and footwear & leather products, other non-metallic mineral products, food products, furniture and other manufacturing; and
  2. The world market price and exchange
    rate fluctuations for gold.

 

 

 

 

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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 December Quarter 2016 will be released in March, 2017.