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Croatian Output Price Inflation Increases In November

Croatia's domestic producer price inflation accelerated in November, data released by the Croatian Bureau of Statistics showed Thursday.

The producer price index for the domestic market increased 7 percent on an annual basis in November, faster than the 6.3 percent growth recorded in October.

Prices of energy products advanced 16.7 percent annually, while durable consumer goods prices moved up 1.4 percent during the month. There was a 3.3 percent annual growth in prices of intermediate goods, and a 5 percent rise in non-durable consumer goods prices. Meanwhile, output prices of capital goods were lower by 1.6 percent from last year.

Producer prices both in the domestic market and foreign market rose 6.8 percent, while prices in the overseas market moved up 6 percent.

Month-on-month, producer prices of goods meant for the local market edged up 0.5 percent in November, following the previous month's 0.6 percent increase.

by RTTNews Staff Writer

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