Mexico's producer prices rise annually in April

Producer prices, however, slow down on monthly basis

By Ovunc Kutlu

ISTANBUL (AA) - Mexico's producer prices increased in April on an annual basis, according to official figures released by the National Institute of Statistics and Geography (INEGI).

The producer price index annually rose 2.56% in April, compared to the same month of last year, INEGI said in a statement on Thursday.

The figure reflects a slight acceleration from March when it recorded an annual gain of 2.04%.

On a monthly basis, however, producer prices increased 0.63% in April, compared to the previous month, according to INEGI figures.

That figure showed a slowdown from a monthly gain of 0.85% in March.

At a monthly rate, primary and secondary prices grew 6.38% and 0.68%, respectively, but tertiary activities fell 0.48%, said INEGI.

Kaynak:

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