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Industrial producer prices increase by 3.8 percent in October

Growth in industrial producer prices did not change in October as data released by Slovakia’s Statistics Office indicated that industrial producer prices increased in October at the same pace as in the previous month, by 3.8 percent year-on-year, the SITA newswire reported.

Growth in industrial producer prices did not change in October as data released by Slovakia’s Statistics Office indicated that industrial producer prices increased in October at the same pace as in the previous month, by 3.8 percent year-on-year, the SITA newswire reported.

The indicator had risen by 4.6 percent on average in the January-October period.

Industrial producer prices for the domestic market increased 3 percent year-on-year with prices of mining and extraction of raw mineral materials increasing 6.3 percent, prices of water distribution, purification, drainage of sewage and related services rising 4.5 percent, prices of industrial manufacturing up by 3.8 percent and supplies of electricity, gas, steam and cool air rising by 1.8 percent, SITA wrote.

Prices for exported products grew faster, increasing by 4.4 percent year-on-year in October. Prices of mining and extraction were 13.3 percent higher. The Statistics Office further reported increases in prices of industrial manufacturing (+4.4 percent) and distribution of electricity, gas, steam and cool air (+0.9 percent).

Source: SITA
Compiled by Michaela Terenzani from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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