Czech producer prices increase in March

The Czech Republic's industrial producer prices grew 3.3% year-on-year in March, following a 1.4% increase in February, figures from the Czech Statistical Office (CZSO) showed on Tuesday.
Prices for water supply gained 6.9% yearly in March. Prices for manufacturing products cost surged 4.1% and those of electricity, gas, steam and air conditioning rose 0.1%.
Meanwhile, prices for mining and quarrying declined by 0.3%. Prices for durable consumer goods and intermediate goods rose by 3.6% and 3.5%, respectively.
Also, prices for energy accelerated 5.6% and those for intermediate goods gained 5.4%. On a monthly basis, producer prices rose 1.4% in March.
ADVERTISEMENT
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.