The Industrial Producer Price Index registered a decline of 4.31 per cent in 2023, reaching 135.62, compared with 141.72 in 2022, the Department of Statistics (DoS) said on Wednesday.The decrease was primarily driven by a 5.24 per cent drop in manufacturing prices and a 0.49 per cent decrease in electricity prices. The extractive industry also experienced a slight increase of 2.17 per cent, the Jordan News Agency, Petra, reported. The report also said that the index for December 2023 stood at 134.97, compared with 139.48 for the same month in 2022, marking a decrease of 3.24 per cent.The decline in the December 2023 index compared with the corresponding month in 2022 was attributed to a decline in manufacturing industry prices by 3.71 per cent and extractive industry prices by 4.85 per cent, while electricity prices saw a 6.65 per cent increase.The index for December 2023 witnessed a decline of 1.07 per cent, reaching 134.97, compared with 136.43 in November of the same year.On a monthly level, the general Industrial Producers Price Index for December 2023 decreased compared with the previous month due to a decrease in manufacturing industry prices by 1 per cent and extractive industry prices by 2.73 per cent, while electricity prices saw a minor increase of 0.19 per cent. (ICE AMMAN)

Fonte notizia: JORDAN TIMES