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Ammon News - The Industrial Producers' Prices index picked up by 13.97 percent in 2022, amounting to 141.72 points against 124.34 points in 2021, the latest figures showed.

A report issued Sunday by the Department of Statistics (DoS) said this upward trend comes as a result of a 13.9 percent increase in the transformative industries prices index and a 34.17 percent increase in the extractive industries prices index, while the prices index of electricity dropped by 7.75 percent.

The producer’s prices index for December of 2022 went up by 5.41 percent, reaching 139.48 points compared to 132.32 during the same month of 2021, the report noted.

The main contributors to the monthly rise were transformative industries with a 4.41 percent contribution to the overall increase followed by extractive industries with 28.55 percent, while the electricity prices index went down by 8.47 percent.