ADVERTISEMENT

Slovakia producer prices fall for second month in May

Automotive

Photo by Zerbor / Shutterstock.com

Slovakia’s producer price declined for the second straight month in May, the latest figures from the Slovak Statistical Office (SÚSR) show. The producer price index (PPI) fell 1.5% year-on-year in May, following a 0.3% decrease in April. 

Photo by Zerbor / Shutterstock.com

Domestic market prices declined 0.5% annually in May, after a 1.4% increase in the previous month. Prices for mining and quarrying declined 5.1% annually in May and those in manufacturing fell 3.7%.

Meanwhile, prices for electricity, gas, steam and air-condition supply grew by 5% and those of water supply gained 1.5%.

On a monthly basis, producer prices fell 0.8% in May, following a 1.6% decrease in the preceding month, SÚSR said on June 26.

ADVERTISEMENT

33,850 sqm of new office space delivered to Budapest market in Q4 Office Market

33,850 sqm of new office space delivered to Budapest market in Q4

MNB study envisages HUF 2.25 tln of investments into green energy Green Energy

MNB study envisages HUF 2.25 tln of investments into green energy

4% minimum wage raise agreed Government

4% minimum wage raise agreed

Children's book publisher to challenge gov't resolution Art

Children's book publisher to challenge gov't resolution

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.