Wholesale Price Index Increased 0.86% to 112.77 in September 2022

The Central Statistics Agency (BPS) reported that the Wholesale Price Index (WPI) increased by 0.86% to 112.77 in September 2022 from the previous month.

Compared to December 2021, the WPI increased by 4.75% (year to date/ytd) and also rose by 6.04% (year on year/yoy).

The mining and quarrying sector recorded the largest increase in the WPI, namely 2.22% (m-to-m) in September 2022. This was followed by a 1% (m-to-m) increase in the industrial sector WPI and a 0.18% (m-to-m) increase in the agricultural sector WPI.

The industrial sector contributed the most to the increase in the national wholesale price, namely 0.8% in September 2022. Meanwhile, the agricultural sector contributed 0.04%, and the mining and quarrying sector contributed 0.02%.

The following are the WPI figures for the building (construction) group in September 2022:

Building Group: 1.27% (m-to-m)

* Public works for roads, bridges, and ports: 1.95% (m-to-m)
* Public works for agriculture: 1.73% (m-to-m)
* Other buildings: 0.9% (m-to-m)
* Buildings and installations of electricity, gas, drinking water, and communications: 0.7% (m-to-m)
* Residential and non-residential buildings: 0.5% (m-to-m)

(read: Wholesale Price Index Down 0.12% in August 2022)