Al Bilad Newspaper | Jewellery is the highest riser in the first quarter of 2024 – 2024-06-29 18:18:14

Friday, June 28, 2024


New statistics revealed that the prices of jewelry making, ornaments, and related items increased by 9.8% in The first quarter of this year, compared to the same quarter of last year, which is the highest percentage in the “index “Quarterly Producer Prices PPI,” while the lowest percentage came in the furniture industry, reaching 35.3%. ‬

According to published statistics, other manufacturing industries increased by 6.3% for the same period, while meat processing and preservation increased by 3.8%, and quarrying for stone and sand extraction, and other mining activities increased by 3.1%.

The prices of manufacturing motors, generators, electrical transformers, electrical distribution devices, and electrical rectifiers increased by 2.6%.

As for the manufacture of clothing, it increased by 2.5%, while the prices of processing and preserving fruits and vegetables, and producing Electrical energy, electricity supply, gas, steam, air conditioning, etc., at a rate between 0.9% – 1%.

The second largest decline was in the glass industry, down 35%, followed by the basic chemicals, fertilizers, plastics and rubber industries, down 28.2%, the chemical products industry, down 21.8%, and then rubber products, down 19.4%.

Then came grain and starch mill products at a rate of 18.5%, then other chemical products at a rate of 7. 8%, then textile yarn, coal and refined petroleum products at 6%.

The costs of water, textiles, natural gas extraction and crude oil did not rise from their prices in the same quarter of 2023, according to the statistics.

Al-Bilad newspaper alerts various profitable electronic news platforms to the need to be careful, as stipulated in the law concerned with protecting intellectual property rights, regarding the illegality of transferring or quoting the content of this journalistic material, even if the source is indicated.

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