Plus   Neg

Czech Producer Price Inflation Slows In May

The Czech Republic's producer price inflation slowed in May after rising in the previous month, figures from the Czech Statistical Office showed on Monday.

The producer price index rose 3.8 percent year-on-year in May, slower than 4.3 percent increase in April.

The biggest increase was in electricity, gas, steam and air conditioning prices by 8.6 percent annually in May. Prices of mining and quarrying, and food products, beverages and tobacco rose by 7.5 percent and 4.0 percent, respectively.

Among the main industrial groupings, prices of energy grew the most by 8.1 percent.

On a month-on-month basis, producer prices rose 0.5 percent in May.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT