It was the lowest reading since February of 2021, due to softer rises in prices of manufacturing sectors (5.2% vs 9.3% in March), mainly food products (13.6% vs 17.7%) and electrical equipment (10.2% vs 12.6%).

On the other hand, decreases were seen in prices of the manufacture of fuel oils and electricity production.

On a monthly comparison basis, producer prices dropped 0.7% in April, after a 0.4% fall in March.