Croatia's industrial producer price idex drops 0.1% y/y in July 2013

By bne IntelliNews August 9, 2013

Croatia’s industrial producer price index declined 0.1% y/y in July after falling at the same rate in June, statistics office data showed. The mining and quarrying sector was the main contributor to deflation in July - prices in the sector fell by 10.3% y/y, following a 7.7% y/y drop in the previous month. Utilities prices fell by 0.6% y/y drop after rising by 2.4% y/y in June, while manufacturing prices stayed unchanged y/y.

In the main industrial groups' breakdown, prices of intermediate goods decreased by 1.8% y/y in July. They were followed by energy prices which dropped by 1.7% y/y, while non-durable consumer goods prices increased by 2.1% y/y.

In monthly terms,  PPI dropped 0.1% in July, following a 0.4% decline the previous month.

Industrial producer prices on the domestic market only went down 0.3% m/m but increased by 0.6% compared to July 2012.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Raiffeisen to file lawsuit against new Croatian banking law

Austria's Raiffeisen Bank is preparing to file a complaint at the Croatian constitutional court later in July against a recent law that aims to declare thousands of its loans to Croatians void, ... more

Evolution Equity Partners closes $125mn cybersecurity-focused fund

Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more

Croatian central bank intervenes again to alleviate kuna’s appreciation

Croatia's central bank (HNB) purchased €101.5mn on the foreign exchange market on July 14 at an average kuna/euro rate of 7.4210 from local banks in order to alleviate the appreciation of the local ... more

Most Read

  1. Siemens considers quitting Russia
    7 days ago
  2. COMMENT: Gazprom’s exit from Turkey is a sign of the times
    8 days ago
  3. Wildfires hit Croatia and Montenegro’s Adriatic coast
    3 days ago
  4. Nato still has a mixed reception in Emerging Europe
    7 days ago
  5. Tajik president’s 23-year old daughter appointed deputy head of largest Tajik bank
    2 days ago
  1. CHINA RISING: When sleeping giants meet
    11 days ago
  2. Belarus’ retail king Euroopt goes on the road
    16 days ago
  3. Moldova, Bulgaria, Poland, Albania and Latvia to lose more than 40% of their populations by 2100
    29 days ago
  4. STOLYPIN: Russia’s cyber-challenge cuts both ways
    19 days ago
  5. Siemens considers quitting Russia
    7 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Dismiss