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FX.co ★ Czech Republic's Producer Price Index Shows Improvement in February 2024

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typeContent_19130:::2024-03-18T08:00:00

Czech Republic's Producer Price Index Shows Improvement in February 2024

In February 2024, the Czech Republic saw a positive shift in its Producer Price Index (PPI) compared to the previous month. The indicator had previously dropped to -1.8% in January 2024 but rebounded to -0.9% in February 2024, indicating an improvement in the country's inflationary pressures. This data was updated on 18th March 2024, revealing the latest economic trends in the country. The comparison, done on a year-over-year basis, demonstrates a more favorable scenario in February 2024 compared to the same period a year ago, reflecting positive growth in the Czech Republic's industrial sector.

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