Czech producer prices decline slows less than expectedStaff Writer | September 17, 2016
Czech producer prices decline slowed less-than-expected in August, figures from the Czech Statistical Office showed.
Czech Republic Producer prices have decreased every month since January 2014
Producer prices have decreased every month since January 2014, except in August 2014, when they were unchanged. On a month-on-month basis, prices declined 0.2 percent in August.
Separately, the agency announced that import prices fell 4.5 percent year-on-year in July after 5.4 percent slump in June.
Compared to the previous month, import prices rose 0.2 percent following a 0.7 percent gain in June.
Export prices declined 3.2 percent after a 3.8 percent tumble in the previous month. Month-on-month, export prices were unchanged from June, when edged up 0.1 percent. ■