The producer price index (PPI) rose 28.8% year-on-year in July, after a 33.3% surge in June.
Manufacturing prices alone grew 20.3% in July, and the price index for the manufacture of food products was 25.1% higher compared to last year.
On a monthly basis, producer prices went up 0.4% in July. Data also showed that import prices climbed 1.5% monthly and 28.7% yearly in July.
Export prices rose 0.4% monthly in July and increased 26.8% from a year ago.
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