PPI further down in September

Subdued monthly Producer price index (PPI) in September led the annual PPI for final manufactured goods (headline PPI) to drop to 6,9% from 7,2% in August.

Food products, beverages and tobacco products remain the main contributors to the annual PPI. Monthly PPI for agriculture increased with 3,2% in September due to higher prices of live animals and fruit and vegetables.

PPI for mining decreased with 1,2% in September because of lower prices for coal, gold, platinum and other metal ores.

The monthly PPI for September for electricity decreased with 27,7% due to the switch to summer tariffs in September.

For more information, please download the full report here