Producer Prices Up And Down

The producer prices output index went up 2.0% on the year to March compared with 3.0% in February. Month on month the rise was 0.1%. Input prices fell by 0.4% annually but have risen 1% since February. Petroleum products have afllen 17.7% since last year while other product groups in the index have risen. Chemical products and transport the biggest risers. Electrical and optical fell during the month to March by 0.6%. The biggest falls in input prices were the crude oil product group by 36.6% over the year to March while fuels were the biggest risers. Fuels prices fell by 5.7% during March while crude oils gained the most by 7.1%.