It was the 12th consecutive month of deflation, although the softest since January, as prices fell at softer pace for electricity, gas, steam & air-conditioning supply (-9.8% vs -26.2% in April) and manufacturing (-0.8% vs -1%).
Moreover, costs rose for mining & quarrying (1.4% vs 0.9%).
Meanwhile, prices fell further for water supply (-0.9% vs -0.4%). On a monthly basis, producer prices grew 1% in May, following a 0.3% rise in the prior month.
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