Producer prices increased 41.08% year-on-year in October, after a 46.68% growth in September. The latest inflation was the lowest since December last year, when prices rose 33.29%.

Prices in the domestic market surged 53.77% yearly in October and those in the foreign market advanced 17.09%. Among the main industrial groups, prices for energy climbed 100.06%.

Prices for intermediate goods and capital goods gained by 20.52% and 9.52%, respectively. Cost for non-durable consumer goods grew 19.49% and those for durable consumer goods rose by 14.99%. Compared to the previous month, producer prices increased 2.24% in October.