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Growth of industrial prices slows to 1.8 percent in April

The growth rate of industrial prices in Slovakia slowed in April to 1.8 percent from 2.6 percent in March, the SITA newswire reported. For the four-month period, industrial prices rose by 2.3 percent. In a monthly comparison, prices were even slightly lower in April, by 0.1 percent, than in March, a month in which they increased by 1 percent from February, SITA wrote based on data released by the Slovak Statistics Office on May 28.

The growth rate of industrial prices in Slovakia slowed in April to 1.8 percent from 2.6 percent in March, the SITA newswire reported. For the four-month period, industrial prices rose by 2.3 percent. In a monthly comparison, prices were even slightly lower in April, by 0.1 percent, than in March, a month in which they increased by 1 percent from February, SITA wrote based on data released by the Slovak Statistics Office on May 28.

Prices for industrial producers for the domestic market in April increased year-on-year by 3.8 percent. Prices in mining and quarrying grew by 8 percent, electricity, gas, steam and cooled air by 7.3 percent, water supply, sewerage, and waste management by 2.7 percent and prices in manufacturing by 1.4 percent. In a monthly comparison, prices for the domestic market did not change.

Export prices in April increased year-on-year by 0.4 percent; while in a monthly comparison, export prices declined 0.2 percent due to lower prices of electricity, gas, steam and cooled air by 13.6 percent. Since the beginning of the year, against the same period last year, prices of industrial products for export grew by 1.3 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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