18.09.201703:26:00UTC+00Czech PPI Inflation Accelerates In August

Czech producer price inflation accelerated slightly in August after easing in the previous three months, figures from the Czech Statistical Office showed Monday.

Industrial producer prices climbed 1.4 percent year-over-year in August, faster than the 1.1 percent rise in July. The measure has been rising since January.

Among the main industrial groupings, prices of non-durable consumer goods grew the most by 4.2 percent annually in August.

Month-on-month, producer price edged up 0.2 percent in August.

Another report from the statistical office revealed that import prices fell 0.8 percent yearly in July, reversing a 0.5 percent rise in June. Compared to previous month, import prices slid by 1.1 percent.

Export prices decreased 1.2 percent annually and by 0.8 percent monthly in July.