Cost for manufacturing fell further (-8.8% vs -3.7% in April), particularly coke and refined petroleum products (-29.4% vs -16.4%).

Additionally, prices eased for mining and quarrying (8.3% vs 13%), electricity, gas, steam & air-conditioning supply (34.5% vs 45.8%), and water supply, sewerage, waste management & remediation activities (24.7% vs 24.9%).

On a monthly basis, producer prices fell by 2.3%, following a revised 2.5% decline in April.