Industrial producer prices decreased by 0.44% in H1 of 2025
According to the DoS monthly report monitored on Wednesday, showed that the cumulative index for the first half of 2025 declined by 0.59 per cent in manufacturing prices, while prices in the mining and quarrying sector
The monthly report also showed that the indexfor June 2025 stood at 106.86 points, compared with 107.05 points in June 2024, marking a drop of 0.18 per cent, according to public service TV Al Mamlaka.
The monthly decline was driven by a 0.70 per cent drop in manufacturing prices, while prices in the mining and quarrying sector increased by 5.47 per cent and electricity prices rose by 2.44 per cent.
Compared with May 2025, the index for June reached 106.86 points versus 106.60 points in the previous month marking a 0.41 per cent increase.
On a monthly basis, the general index of industrial producer Price (IPI) rose in June 2025 compared with the previous month, driven by a 0.33 per cent increase in manufacturing prices, a 2.20 per cent increase in mining and quarrying prices, and a 0.06 per cent increase in electricity prices.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Roya News
27 minutes ago
- Roya News
New season of 'The Voice' begins filming in Jordan
The Royal Film Commission – Jordan announced that MBC Group, the largest media network in the Middle East and North Africa, has begun filming the new seasons of the hit singing competitions The Voice and The Voice Kids at Olivewood Studios in Jordan. The production will run for four consecutive months. According to the Commission, Jordan was chosen after years of effort to position the Kingdom as a hub for high-quality television and film production, strengthening its role as a cultural and creative center in the Arab world. The large-scale project will spotlight local talent while boosting Jordan's creative industries, which hold significant economic potential for generating direct and indirect job opportunities. The production is expected to create hundreds of jobs for Jordanian professionals, including photographers, sound engineers, lighting technicians, and costume designers. It will also involve contracts with 16 Jordanian companies providing logistics and technical services. Minister of Tourism and Antiquities, Dr. Imad Hijazin, highlighted the significance of hosting such a major Arab production, saying it reflects both regional and international confidence in Jordan's ability to deliver top-tier production services. He added that the show will showcase Jordan's rich and diverse tourism and cultural assets to millions of viewers, boosting global awareness of Jordan's destinations and stimulating tourism. Royal Film Commission General Manager, Mohannad Al-Bakri, said the project demonstrates the success of the Commission's efforts to develop Jordan's film and television infrastructure, underlining the added value of Olivewood Studios. Director-General of the Jordan Tourism Board, Dr. Abdul Razzaq Arabiyat, described the show as an unprecedented promotional opportunity to position Jordan as both a tourism and creative hub. He noted that the footage filmed across the country will highlight Jordan's varied tourism offerings - nature, heritage, and culture - reaching tens of millions of viewers across the Arab world. Arabiyat emphasized that the initiative aligns with the Board's strategy of leveraging major productions to promote Jordan's positive image and attract more visitors, while strengthening cooperation between the tourism, cultural, and creative sectors for sustainable economic returns. Olivewood Studios Chairman, Raja Gargour, stressed the role of the creative industries within Jordan's Economic Modernization Vision as a driver of youth employment, noting that hosting a production of this scale is the result of close collaboration among national institutions. The project will also boost the transport and hospitality sectors, with Royal Jordanian handling air travel and local hotels accommodating over 11,000 room nights during filming. Scenes will be shot at 10 diverse outdoor locations across the Kingdom, giving millions of MBC viewers a chance to experience Jordan's beauty. Previous seasons of The Voice in Lebanon and Saudi Arabia attracted more than 100 million viewers.
Al Bawaba
5 hours ago
- Al Bawaba
NBB Concludes EVOLVE 2025 School Segment and Commences University Phase
The National Bank of Bahrain (NBB) has concluded the School segment of its 2025 EVOLVE summer internship programme and officially commenced the next phase for university students. During the first leg of this year's programme, 75 high school students took part in two weeks of classroom-based learning, followed by two weeks of on-the-job training where they applied their acquired knowledge in real-world professional scenarios. The EVOLVE University segment, which commenced on 10th August, builds on this foundation by offering 76 university students deeper exposure to NBB's specialised business areas and more industry-relevant training. Participants will continue to benefit from the Bank's integrated approach, which combines technical and soft skills development with mentorship and practical exposure through structured placements across the organisation. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Al Bawaba
6 hours ago
- Al Bawaba
Zand and Mastercard announce a strategic collaboration to Enhance Cross-Border Payment Solutions
Zand, an AI-powered Fintech and financial services group in the United Arab Emirates, has announced the signing of a strategic agreement with Mastercard to collaborate on enhancing cross-border payment solutions. Leveraging Mastercard Move's money movement solutions, this collaboration will enable seamless, secure, and efficient cross-border money transfers offered by Zand to its the first phase of the collaboration, Zand will offer payment solutions, such as deposits into bank accounts and wallets in multiple markets, as well as convenient cash pick-up services, using Mastercard Move's capabilities. This underscores Mastercard and Zand's joint commitment to advancing the digital economy, and driving innovation and financial inclusion in the region's financial services landscape.J.K. Khalil, EVP and Division President, East Arabia, Mastercard, said: 'At Mastercard, we are committed to driving innovation across the region's payments landscape. Our collaboration with Zand will connect more people and businesses to the financial system, helping drive greater financial inclusion and economic opportunity in the UAE and across the region.'Michael Chan, CEO at Zand, said: 'We are thrilled to collaborate with Mastercard to help drive the future of cross-border payments, and this exciting opportunity represents a significant milestone in Zand's mission to accelerate the growth of the digital economy. The payments ecosystem is rapidly growing and evolving in the region and offers compelling potential to accelerate the applications of AI, blockchain and payments technology.' Mastercard Move — the company's comprehensive suite of money movement solutions — enables fast, secure and efficient fund transfers. The service supports diverse payment flows such as person-to-person transfers, business payments, and disbursements, with multiple payout options including cards, bank accounts and mobile wallets. Additionally, to serve the unbanked and underbanked populations, cash payouts are available via Mastercard's growing global network of cash pickup locations.
