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Czech producer prices jump in January

Figures

Czech's producer prices increased at a faster rate in January, data from the Prague-based Czech Statistical Office (CZSO) showed on Wednesday.

The industrial producer price index (PPI) grew 19.4% year-on-year in January, after a 13.2% rose in December.

Prices for manufacturing products cost increased 15.5% and those for mining and quarrying rose 24.2%.

Prices for water supply gained 5.3% and electricity, gas, steam and air conditioning gained by 40.6%.

Among the main industrial grouping, prices for intermediate goods rose 23.4% and those of energy increased 40.9%.

On a monthly basis, producer prices gained 6.9% in January. 

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