RTTNews - Wednesday, a report by the Czech Statistical Office said the producer prices dropped 4.4% year-on-year in June, after a 3.8% fall in May. The decline came in line in economists' expectations and represents the steepest drop in prices since the series began in 1991.
Compared to the previous month, producer prices remained unchanged in June, after falling 0.4% in May.
Separately, the statistical office said the export prices dropped 1.3% month-on-month in May, while import prices were down 0.9%.
On a yearly basis, the export prices rose 0.3% in May, slower than a 2% rise in April, and representing the third consecutive month of increase. Import prices dropped 4%, for the second consecutive month, and faster than a 1.3% fall in the preceding month.
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