Serbia's industrial producer price growth on the domestic market cooled to 5.4% y/y in March from 6.7% a month earlier, the statistics office said. In monthly terms, the producer price index growth stagnated at 0.0% m/m.
A slower annual rise of manufacturing prices (up 5.8% y/y down from 7.5% in February) and those of mining and quarrying sector (up 12.9% y/y vs. 13.4% in February) dented the March's PPI inflation growth. Utilities producer prices edged up 0.8% y/y (0.7% in February) and those of water supply, sewerage and waste management rose 20.8% in March (up 19.8% in February).
Data on Serbia's broader industrial producer price index, which includes domestic and export sales, will be published on Monday, April 8.
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