PRODUCER PRICE INDEX (GOODS) - March 2017

FBoS Release No: 53, 2017
06th September 2017


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

 

March Quarter Highlights

gppimar17aThe All Items PPI (Goods) index stood at 114.7 for the March quarter of 2017, representing an increase of 0.4 and 0.3 percentage points when compared to a year earlier and to the December quarter of 2016 respectively.

The movement of the “All Items” index is influenced by the following;
1) Preferential price for sugar;
2) Supplier prices of paper & paper products and printing & reproduction of recorded media, food products, motor vehicles, trailers & semi-trailers and other transport
equipment, wood and of products of wood and cork except furniture; manufacture of articles of straw and plaiting materials and chemicals & chemical products and basic pharmaceutical products & pharmaceutical preparations.

 

 

 

 

CLICK HERE FOR RELATED TABLES

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 2017 will be released in September, 2017.

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