PPI-M, which stood at 149.5 in December 2023, registered an increase of 3.2 points (+2.1%) to reach 152.7 in March 2024. On a monthly basis, PPI-M increased by 0.4 point (+0.3%) in January, 1.5 points (+1.0%) in February and 1.3 points (+0.9%) in March 2024.
The Producer Price Index for “Food products and beverages”, which accounts for 44.7% of the total weight, registered a net increase of 3.9 points (+2.7%) from 146.5 in December 2023 to 150.4 in March 2024.
The Producer Price Index for “Chemicals and Chemical Products”, which accounts for 8.9% of the total weight, registered a net increase of 1.2 points (+0.8%) from 144.6 in December 2023 to 145.8 in March 2024.
