Slovakia’s producer prices continued to decline in June and at a faster pace than in the previous month, figures from the Statistical Office of the Slovak Republic showed Tuesday.
The producer price index fell 2.5 percent year-over-year in June, following a 2.4 percent decrease in May. Producer prices have been falling since March 2013.
Domestic market producer prices slid 4.4 percent in June from a year ago, faster than prior month’s 3.5 percent drop.
Prices in the manufacturing sector declined 2.5 percent and that for mining and quarrying went down by 2.6 percent.
On a monthly basis, producer prices dropped 0.4 percent in June, in contrast to a 0.6 percent increase in the preceding month.
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