Croatia producer inflation soars in August
Photo by Dziewul / Shutterstock.com
Croatia's industrial producer prices rose by 9.3% year-on-year in August, following an annual increase of 7.9% in July, the Zagreb-based Croatian Bureau of Statistics (Crostat) said on Thursday.
Producer prices for energy increased 35.9% while for intermediate goods rose 5.6%. In addition, prices for capital goods grow 1.9% and for durable consumer goods went up by 6.4%.
On a monthly comparison basis, producer price index (PPI) was up 0.8% in August, compared to an increase of 1.3% in July. Industrial producer prices on the domestic market increased by 10.2% yr/yr and were 1% higher m/m in August.
On the non-domestic market, PPI rose by 8.2% on the year and was 9.5% higher in monthly terms in August.
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.