General Industrial Price Index of Industrial Producers decreases by 16.4% for January 2010 as compared with January 2009

The monthly report issued by the Department of Statistics indicates a decrease in the General Industrial Price Index of the Industrial Producers for January 2010 by (16.4 %) as compared with the same period of 2009. This mainly was a result of a decrease in the manufacturing industries prices by (14.5 %) with a relative importance of 82.5%, the prices of the Quarrying Industries by 26.4% with a relative importance of 11.0% and Electricity by 0.1 % with a relative importance of 6.5%.

     The report also indicates an increase in the General Industrial Prices Index for January 2010 by 0.2 % as compared with December 2009. This has resulted from an increase in the manufacturing industries by 0.2 %, quarrying industries by 0.1% and the electricity prices by 0.7%.

          The data also indicate an increase in the General Industrial Prices Index for January 2010 by 0.2% as compared with December 2009. This has resulted mainly from an increase in the manufacturing industries prices by (0.2%), quarrying industries prices by (0.1 %) and electricity by (0.7%).

         It is worthy to mention that the prices of main-group commodities (Refined Petroleum Production) have approximately contributed by 47.3 % of the total price decrease for January 2010 as compared with the same months of 2009.

The following figure shows the trend of the General Industrial Producers index for 2009 and the first month of 2010.