NOTE: The latest figures are for the month of October. This is the corrected version.
Croatia’s producer prices continued to decline in October, but at a slower pace than in the previous month, figures from the Croatian Bureau of Statistics showed Tuesday.
The producer price index fell 4.5 percent year-over-year in October, slower than September’s 4.8 percent decrease. Prices have been falling since May 2013.
Domestic market prices dipped 4.6 percent in October from a year ago and prices in the foreign market slid by 4.3 percent.
Prices in the manufacturing sector dropped 4.7 percent and mining and quarrying prices plunged by 6.4 percent.
On a monthly basis, producer prices edged up 0.1 percent in October, in contrast to a 0.8 percent fall in the prior month. It was the first increase in five months.
The material has been provided by InstaForex Company – www.instaforex.com