Slovakia producer prices continue to fall in February
Slovakia's producer prices continued to decline in February, figures from the Slovak Statistical Office (SÚSR) showed on Friday.
The producer price index (PPI) fell 1.5% year-on-year in February, following a 1.1% decline in January.
The domestic market prices declined 1.4% annually in February, following a 0.3% decrease in the previous month, according to the Bratislava-based statistics agency. Prices for mining and quarrying grew 2.8% yearly in February, while those of manufacturing fell 1.9%. Prices for electricity, gas, steam and air-condition supply fell 1.1%, while those of water supply gained 3.4%.
On a monthly basis, producer prices rose 0.8% in February, following a 0.2% increase in the preceding month.
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.