The industrial producer price index (PPI) rose 2.3% year-on-year following a 0.1% increase in March. The rate of inflation was the fastest since June 2019, when prices rose 2.9%.

Prices in the domestic market increased for the first time this year, up 0.9%. Export market prices climbed 3.2% after a 0.4% gain in March.

Compared to the previous month, producer prices rose 0.6% following a 1.1% climb in March, the Bratislava-based statistics agency said.