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Deceleration in industrial producer prices continued in July

Slowing growth in industrial producer prices in Slovakia continued in July and according to the Statistics Office (ŠÚ), industrial prices in July increased year-on-year by 3.3 percent compared to 4.6 percent in June, the SITA newswire reported. This is the fourth consecutive monthly decline in prices. Industrial prices fell by 0.5 percent month-on-month in July compared with June.

Slowing growth in industrial producer prices in Slovakia continued in July and according to the Statistics Office (ŠÚ), industrial prices in July increased year-on-year by 3.3 percent compared to 4.6 percent in June, the SITA newswire reported. This is the fourth consecutive monthly decline in prices. Industrial prices fell by 0.5 percent month-on-month in July compared with June.

Industrial producer prices for the domestic market grew year-on-year in July by 2.1 percent, while their growth in June was 2.5 percent. Prices of industrial production grew by 4.4 percent, of water supply, wastewater treatment, and waste management by 4.8 percent, and in mining and quarrying by 2.8 percent.

Producer prices of electricity, gas, steam and cooled air grew by 1 percent. On a monthly basis, industrial producer prices for the domestic market increased slightly by 0.1 percent.

Source: SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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