Czech producer prices increase in March

Figures

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.

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