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Croatia Producer Prices Decline Further in November

Figures

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Croatia's industrial producer prices dropped by 1.3% year-on-year in November, after falling 0.9% in October, the Zagreb-based Croatian Bureau of Statistics (Crostat) said in a statement on Thursday.

Prices went down for manufacturing (-1.1% vs -0.3% in October) and electricity, gas, stream & air-conditioning supply (-2.8% vs 1.6%).

Meanwhile, inflation slightly eased for water supply, sewerage, waste management & remediation activities (+0.4% vs +0.6%).

On the other hand, prices rebounded for mining & quarrying (4.5% vs -41.8%). On a monthly comparison basis, the industrial producer price index (PPI) stagnated in November, following a 0.9% decline in the previous month.

Industrial producer prices on the domestic market fell 1.4% year-on-year and were 0.1% higher month-on-month. On the non-domestic market, PPI declined 1.1% on the year and dipped 0.1% in monthly terms.

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