Across different industries, prices rose for all sectors: utilities (68.7%); mining and quarrying (17%); manufacturing (19.6%); and water supply, sewerage, and waste management (29.2%).

Prices for domestically sold products advanced 34.6% and prices for export goods increased 20.5%.

On a monthly basis, producer prices surged 2.5% in January, accelerating from a 1.6% rise in December.