Excluding the impact of oil product prices, the producer price index shrank by 3.4% y-o-y and was down by 0.1% m-o-m, the statistics office said.
Y-o-y, prices for industrial products sold on the domestic market fell by 7.7%, and prices for products sold abroad plunged by 13.8%. Excluding refined oil products, these prices declined by 3.1% and 3.6%, respectively.