Producer prices for manufactured products rose by 2.6 per cent in March 2026 year-on-year

Key product groups behind the index changes

Producer prices for manufactured products went up by an average of 2.6 per cent from a year ago. The rise in the producer prices was particularly caused by higher prices of refined petroleum products and basic precious and other non-ferrous metals compared with last year's March. The increase in prices was curbed especially by the decrease in prices of electricity and paper and paper products from a year ago.

The export price index went up by 2.9 per cent in a year. The rise in export prices was especially due to higher prices of refined petroleum products and basic precious and other non-ferrous metals compared with last year’s March. The rise in export prices was curbed especially by the decrease in prices of paper and paper products and other chemical products.

The import price index went up by 3.0 per cent in a year. The increase in import prices was, in turn, especially caused by higher prices of crude petroleum and refined petroleum products compared with last year’s March. The rise in prices was curbed especially by the decrease in prices of chemicals and chemical products and natural gas.

The basic price index for domestic supply rose by 1.1 per cent from a year ago while the basic price index for domestic supply including taxes remained unchanged on average.

From February to March, producer prices for manufactured products went down by 1.4 per cent. The decrease in producer prices was particularly caused by the lower prices of electricity and pharmaceutical preparations compared with the previous month. The fall in prices was curbed especially by the increase in prices of refined petroleum products and basic metals compared with the previous month.