In October, the producer price index for industrial products was 0.8%, with the year-on-year figure slowing to 24.5%, according to the State Statistics Service.
The index measures the average change in wholesale prices for raw materials, intermediate goods, and products. In October, it stood at 0.8%, compared to 2.2% in September.
The main factor for the slowdown in industrial inflation last month was a 0.1% decrease in the prices for electricity, gas, steam, and air conditioning compared to September.
However, energy prices increased by 39.0% year-on-year, influencing the annual industrial inflation rate, which stood at 24.5% in October.
The highest index this year was recorded in June, at 14.0%, following an increase in the ceiling prices for electricity for businesses.
