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Tuesday, the Statistical Office of the Slovak Republic announced that industrial producer price index, or PPI declined 0.4% year-over-year in November, in contrast to the 3.1% rise recorded in the previous month.
On a monthly basis, industrial producer prices dropped 2.4% in November, after rising 0.4% in October.
During the January to November period, industrial PPI grew 3.3% compared to the same period of the previous year.
Meanwhile, producer prices in the domestic market rose 6.7% year-on-year in November, slower than the 7.5% seen in the preceding month. On a monthly basis, industrial producer prices were up %. For the first eleven months of the year, producer prices increased 6.1% over a year ago.
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