Serbia's producer price inflation eases to 5.5% y/y in July 2012.

By bne IntelliNews August 8, 2012
Serbia's industrial producer price index (PPI) increased by 5.5% y/y in July 2012, easing from an annual growth of 5.9% in June, the statistics office said. In monthly terms, the PPI went up 0.1% in July, after edging up by 0.8% a month earlier. The cumulative Jan-June PPI was up 5.6% in comparison with the seven months of 2011. In annual terms, prices in the mining industry rose 1.0% in July, easing from June's 2.5% hike. Manufacturing industry prices climbed 6.6% in July, slightly slower than the 6.9% increase in June. Electricity, gas and steam supply PPI increased 1.1% in July, the same as in June.

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