STATIN reports fall in Jamaican producer prices in October
/ Our Today
administrator
The Statistical Institute of Jamaica (STATIN) says consumers saw a general fall-off in producer prices in the month of October based on the latest producer price index (PPI).
The PPI for the mining and quarrying industry went down 4.2 per cent in October 2025, while the index for the manufacturing industry fell by 0.2 per cent. The decline in the index for ‘mining & quarrying’ was driven by a 4.4 per cent fall in the index for the major group ‘Bauxite Mining & Alumina Processing’.
The main contributor to the decline in the index for the manufacturing industry was a 1.6 per cent decrease in the index for the major group ‘refined petroleum products’. The overall increase in the industry was, however, moderated by a 0.1 per cent increase in the index for the heaviest-weighted major group ‘Food, Beverages & Tobacco’.
For the period October 2024 – October 2025, the point-to-point index for the mining and quarrying industry decreased by 31.7 per cent. This was due to a decline of 32.9 per cent in the index for the major group ‘Bauxite Mining & Alumina Processing’. The point-to-point index for the Manufacturing industry increased by 2.4 per cent.
This was due to a 3.6 per cent upward movement in the index for the major group ‘Food, Beverages & Tobacco’. However, the industry’s overall increase was tempered by a 3.7 per cent fall in the index for the major group ‘Refined Petroleum Products’.
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