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Prices of manufacturing fell 2.7% annually in May. Prices for electricity, gas, steam and air conditioning supply, and water supply declined 24.4% and 9%, respectively. Meanwhile, prices for mining and quarrying industry grew 4.6%.

On a month-on-month basis, producer prices rose 0.1% in May, after a 0.3% fall in the preceding month, SE said on June 22.