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Slovakia producer prices fall further in June

Slovakia’s producer price declined for the third straight month in June, figures from the Statistical Office of the Slovak Republic (SÚSR) show. 

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The producer price index (PPI) fell 1.9% year-on-year in June, following a 1.5% decrease in May. The domestic market prices remained unchanged annually in June, after a 0.5% fall in the previous month.

Prices for mining and quarrying declined 0.9% annually in June and that in manufacturing fell 2.3%. Meanwhile, prices for electricity, gas, steam and air-condition supply grew 5.3% and those of water supply gained 2.1%.

On a monthly basis, producer prices fell 0.3% in June, following a 0.8% decrease in the preceding month, SÚSR said on July 28.