Croatia's producer prices fall for 10th month in December
Image by Myvector / Shutterstock.com
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.
ADVERTISEMENT
MNB Sees Broadening Disinflationary Impact Till Year-end
V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate'
AutoWallis Green Investment Project Value Reaches HUF 3 bln
Budapest Muni Council Clears Rác Baths Renovation
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.
