Serbia's Domestic Producer Prices Growth Slow in August
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Serbia's industrial producer prices on the domestic market rose by 17% on a yearly comparison basis in August, after growing by an annual 19.8% the month before, the Belgrade-based Central Statistical Office (SORS) said on Monday.
Producer prices of manufacturing increased the most, 20.8% annually in August vs 24.8% in July, while producer cost of mining advanced 11% vs. 11.7% in the prior month.
Output prices for utilities added 2.1% year-on-year after zero in July.
On a monthly comparison basis, the domestic market industrial producer price index (PPI) decreased by 1.7% in August after adding 1.1% in July, as output prices of utilities went up 2.1% on month.
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