Producer inflation hits 1.4% in October, four-year low
Overview of Producer Price Inflation Producer price inflation (PPI) saw a significant decline in October 2025, dropping to 1.4 percent—the lowest rate recorded in four years. This marks a further reduction from the 3.2 percent recorded in September and continues the disinflationary trend observed across major industrial sectors throughout the year. The PPI measures the average change over time in the prices that domestic producers receive for their goods and services. Despite the overall slowdown in annual inflation, month-on-month producer prices increased by 1.2 percent between September and October, compared to a 0.9 percent increase in the previous month. This suggests that while long-term inflation has decreased significantly, some industries still face short-term price pressures. Sectoral Performance The headline decline in PPI was primarily driven by steep disinflation in the mining and quarrying sector, which holds the largest weight in the PPI basket at 43.7 percent. Infl...