The producer price inflation rate for October 2022 was 65.2%. This rate indicates that between August 2021 and August 2022 (year-on- year), the PPI increased by 46.0%.
This rate indicates that between October 2021 and October 2022 (year-on-year), the PPI increased by 65.1 percent.
This represents a 19.3 percentage points increase in producer inflation relative to the rate recorded in September 2022 (45.9%).
The month on-month change in the PPI between September and October 2022 was 15.4 percent.
Mining and quarrying (86.4%), manufacturing (73.1%), transport and storage (71.4%) recorded the highest rates, while Information and communication activity recorded the lowest rate of 1.4 percent in October 2022
