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Producer price index for manufacturing sector rises by 12.9% in one year

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Producer price index for manufacturing sector rises by 12.9% in one year

The Producer Price Index for the manufacturing sector has registered an increase of 1.8 points or 1.4% from February 2022 to March 2022.

Statistics Mauritius has attributed the increase to higher prices of “Food products and beverages”, “Wood and wood products/Articles of straw and plaiting materials/ Paper and paper products”, “Printing and reproduction of recorded media”, “Motor vehicles, trailers and semi-trailers” and, “Rubber and plastic products”.

Compared to March 2021, the PPI-M for March 2022 was higher by 15.3 points or 12.9%.

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The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.