KSH: Industrial producer prices rose by 22.4 percent in February

Industry prices rose sharply on an annual basis

The pace of price rises was mainly driven by rising commodity and energy prices and wages, the report said.

Compared to the previous month, domestic sales prices increased by 1.5 percent, export sales prices by 1.2 percent and industrial producer prices by 1.3 percent. The rise in domestic prices moderated after a sharp rise of 4.5 percent in January, while export prices rose from a fall of 1.4 percent in January. (MTI)