Czech producer price inflation increases in November

Figures

Czech's producer prices increased in November, figures from the Czech Statistical Office (CZSO) showed on Thursday. The industrial producer price index grew 13.5% year-on-year in November, following a 11.6% increase in October.

Prices for manufacturing products cost increased 15.4% yearly in November and those for mining and quarrying rose 14%.

Prices for water supply gained 5.9% and electricity, gas, steam and air conditioning gained by 5.6%. Among the main industrial grouping, prices for intermediate goods increased 22.1% and those of energy surged 21.2%.

On a monthly basis, producer prices rose 1.2% in November.

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