Czech producer prices rise in July

Manufacturing

Photo by Karel Pesorna/Shutterstock.com

Czech's producer prices grew 7.8 year-on-year in July, following a 6.1% increase in June, figures from the Prague-based Czech Statistical Office (CZSO) showed on Monday.

Prices for water supply gained 5.9% yearly in July and those for manufacturing products cost increased 9.5%.

Prices for mining and quarrying rose 2% and electricity, gas, steam and air conditioning gained by 0.5%. Among the main industrial grouping, prices for intermediate goods increased 15.5% and those of energy accelerated 9.1%.

On a monthly basis, producer prices rose 1.6% in July.

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