Czech producer prices accelerate in August

Figures

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Czech's producer prices accelerated in August, figures from the Prague-based Czech Statistical Office (CZSO) showed on Thursday.

The industrial producer price index grew 9.3 year-on-year in August, following a 7.8% increase in June.

Prices for water supply gained 5.9% yearly in August and those for manufacturing products cost increased 11.4%. Prices for mining and quarrying rose 3.6% and electricity, gas, steam and air conditioning gained by 0.7%.

Among the main industrial grouping, prices for intermediate goods increased 19.3% and those of energy surged 9.7%. On a monthly basis, producer prices rose 1.2% in August. 

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