But the prices of intermediate goods remained flat at January's level.
For the year, intermediate goods rose 2.4 percent, less than half the 5.6 percent advance in 1988.
The traded intermediate goods are then used as inputs of productions.
Prices for intermediate and crude goods, earlier in the production process, also fell.
There has also been an unprecedented decline for six straight months in the price of intermediate goods like parts and components.
This implies that there should be no taxes on intermediate goods and imports.
Most macroeconomic models, in order to avoid the analysis of intermediate goods, use that notion.
Prices were unchanged for intermediate goods, like bolts of cloth.
It is not used up immediately in the process of production unlike raw materials or intermediate goods.
The price of intermediate goods rose 0.9 percent after small declines in the previous two months.