STATIN: Marginal improvement in latest Producer Price Index
/ Our Today
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There has been a marginal rise in Jamaica’s Producer Price Index (PPI), which tracks the movement of producers’ prices.
The mining and quarrying industry, ‘Other Mining & Quarrying’, as well as the manufacturing industry, all inched up in June 2025 over the comparative period in 2024. For June 2025, the Mining & Quarrying industry inched up 0.6 per cent due to a similar increase of 0.6 % in the index for the major group ‘Bauxite Mining & Alumina Processing’.
The PPI for the other major group, ‘Other Mining & Quarrying’, rose 0.1 per cent, based on the latest PPI published last Thursday (July 31) by the Statistical Institute of Jamaica (STATIN). There was a 0.8 per cent increase in the index for the manufacturing industry for the period under review.
The main contributors to this increase were the major groups: ‘Food, Beverages & Tobacco’ (0.1 per cent), ‘Refined Petroleum Products’ (3.5 per cent) and ‘Paper and Paper Products’ (2.1 per cent).
For the period June 2024 – June 2025, the point-to-point index for the mining and quarrying industry rose by 8.5 per cent. This was largely due to an increase of 7.8 per cent in the index for the major group ‘Bauxite Mining & Alumina Processing’.
The point-to-point index for the manufacturing industry increased by 0.6 per cent, which was due to a 3.1 per cent increase in the major group ‘Food, Beverages & Tobacco’ index.
The industry’s overall increase was, however, tempered by a 9.5 per cent fall in the index for the major group ‘Refined Petroleum Products’.
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