Slovakia Producer Price Inflation Slows in December

Figures

Photo by Zerbor / Shutterstock.com

Slovakia's producer price index (PPI) rose 22.3% year-on-year in December, after a 23.5% growth in November, figures from the Slovak Statistical Office (SÚSR) showed on Friday.

The domestic market prices surged 33.5% annually in December, after a 38.1% rise in the previous month.

Prices for mining and quarrying climbed 14% yearly in December, and those for manufacturing increased 20.2%.

Prices for electricity, gas, steam, and air-conditioning supply advanced 65.8%, and those of water supply, sewage, waste management, and remediation rose 0.6%.

For the January to December 2022 period, producer prices grew 29.3%, according to data from the Bratislava-based agency. 

ADVERTISEMENT

Business Chamber Confidence Index Falls in January Analysis

Business Chamber Confidence Index Falls in January

Lawmakers Could Ratify Sweden's NATO Accession on Feb 26 Int’l Relations

Lawmakers Could Ratify Sweden's NATO Accession on Feb 26

2023 Saw Slump in Housing Construction, Permits Construction

2023 Saw Slump in Housing Construction, Permits

Number of Chinese Tourists in Hungary Quadruples From Pre-CO... Tourism

Number of Chinese Tourists in Hungary Quadruples From Pre-CO...

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.