The corresponding index in December 2020 had recorded a decrease of 8.0% compared with December 2019.
The Overall Producer Price Index in December 2021 recorded an increase of 5.7% compared with November 2021. The corresponding index in December 2020 had recorded an increase of 1.8% compared with November 2020.
The average Overall Index for the twelve-month period from January 2021 to December 2021 increased by 13.8% in comparison with the corresponding index for the period from January 2020 to December 2020, while the decrease recorded between the previous twelve-month periods amounted to 7.3%.
The increase of 29.4% in the Overall Producer Price Index in Industry in December 2021 compared with December 2020 is on account of the annual changes of the sub-indices of the markets as follows:
a. 30.4% increase in the PPI of the Domestic Market
b. 26.0% increase in the PPI of the Non-Domestic Market