Croatia's producer prices fall for 10th month in December
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Croatia's industrial producer prices fell by 2.5% year-on-year in December, after declining by an annual 3.6% in November, figures from the Zagreb-based Central Bureau of Statistics (Crostat) showed on Tuesday.
It was the 10th consecutive month of decreases in producer prices but at the softest pace in the current sequence. Prices fell for energy by 10.8%, for durable consumer goods by 1.4% and for non-durable consumer goods by 0.3%.
Meanwhile, costs went up for capital goods by 0.6%. On a monthly basis, producer prices inched up 1%, the most since last June, after increasing 0.3% in the previous month.
Industrial producer prices on the domestic market decreased by 1.2% yr/yr and rose by 1% m/m in December. On the non-domestic market, Croatia's PPI fell by 4% annually and rose by 0.8% on monthly term in December.
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