Price drop in natural gas
The producer price index fell due to lower prices on energy goods such as natural gas, electricity and refined petroleum products. Higher prices within manufacturing and on crude oil curbed the fall in the total index.
The producer price index (PPI) fell by 2.1 per cent from March to April. The price fall was mainly caused by a price drop in natural gas and lower prices on electricity and refined petroleum products. Despite the price fall, prices were still significantly higher in April this year compared with the same month last year.
The price of crude oil increased by just over 2 per cent from March to April, while prices of extraction services showed a slight increase of 0.8 per cent.
See more figures for Producer price index