Czech producer price inflation increases in June
Czech's producer prices increased in June, figures from the Czech Statistical Office (CZSO) showed on Wednesday.
The industrial producer price index (PPI) grew 6.1% year-on-year in June, following a 5.1% increase in May.
Prices for water supply gained 5.9% yearly in June and those for manufacturing products cost increased 7.4%.
Prices for mining and quarrying rose 1.1% and electricity, gas, steam and air conditioning gained by 0.2%. Among the main industrial grouping, prices for intermediate goods increased 12.0% and those of energy accelerated 8.9%. On a monthly basis, producer prices rose 0.8% in June.
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.