16.08.201706:35:00UTC+00Czech PPI Inflation Eases Further In July

Czech producer price inflation moderated for the third straight month in July, figures from the Czech Statistical Office showed Wednesday.

Industrial producer prices rose 1.1 percent year-over-year in July, slower than the 1.3 percent increase in June. The measure has been rising since January.

Among the main industrial groupings, prices of non-durable consumer goods grew the most by 3.9 percent annually in July.

On a monthly basis, producer prices dropped 0.2 percent in July.

Another report from the statistical office revealed that import prices increased at a weaker rate of 0.5 percent yearly in June, after a 3.2 percent gain in May. Month-on-month, import prices declined 1.9 percent.

Export prices decreased 0.4 percent annually and by 1.3 percent monthly in June.