Producer price inflation at ex-factory prices for all goods and services rose to 28.5% in January 2025, up from 26.1% in December 2024.
The month-on-month producer inflation between December 2024 and January 2025 was 3.6%, higher than in December 2024.
The Producer Price Inflation (PPI) in the industry sector, excluding construction, increased from 40.2% in December 2024 to 43.7% in January 2025. The rate in the construction sector also rose to 29.8% in January 2025. In the services sector, inflation stood at 7.7%.
Mining and quarrying (47.5%), construction (29.8%), and accommodation and food service activities (29.0%) recorded inflation rates above the national average of 28.5%. In contrast, water supply, sewerage, and waste management activities recorded the lowest rate at 4.8% in January 2025.
Manufacturing Sub-Sector
In January 2025, three of the 23 major groups in the manufacturing sub-sector recorded inflation rates higher than the sector’s average of 19.9%. The manufacture of basic metals recorded the highest inflation rate of 49.5%, followed by the manufacture of motor vehicles, trailers, and semi-trailers at 35.8%, as well as the manufacture of leather and related products.
Services Sub-Sector
The service producer price inflation in the transport and storage sub-sector decreased by 1.1 percentage points from 23.1% in December 2024 to 22.0% in January 2025. The accommodation and food services sub-sector rate also declined by 1.4 percentage points from 30.4% in December 2024 to 29.0% in January 2025. The information and communication sub-sector recorded an inflation rate of 4.2% for January 2025.
