PPI Components Show Mixed Results in April 2025

• Output prices for producers in the Mining and Quarrying industry, a component of the producers' price index (PPI), declined by 12.0% for April 2025, while another PPI component, the index for the Manufacturing industry, increased by 0.1% according to the Statistical Institute of Jamaica (STATIN).
• The outturn for the Mining & Quarrying industry was primarily driven by a 12.5% drop in the index for the major group ‘Bauxite Mining & Alumina Processing’.
• On the other hand, the increase in the PPI for the Manufacturing industry was largely supported by gains of 0.2% and 1.6% in the major groups ‘Food, Beverages & Tobacco’ and ‘Paper and Paper Products’, respectively. However, this was partially offset by a 0.3% decline in the index for the ‘Refined Petroleum Products’ group.
• For April 2024 – April 2025, the point-to-point index for the Mining & Quarrying industry rose by 8.3%. This was due to a 7.6% increase in the index for the major group ‘Bauxite Mining & Alumina Processing’.
• Meanwhile, the point-to-point index for the Manufacturing industry decreased by 0.2%, mainly due to a 15.4% decline in the index for the major group ‘Refined Petroleum Products’. However, this downward movement was tempered by a 3.9% increase in the index for the major group ‘Food, Beverages & Tobacco’.

(Source: STATIN)