Industrial producer price inflation in the Czech Republic continued to lessen in September, reaching its slowest pace in six months, according to data released by the Czech Statistical Office on Wednesday.
In September, the industrial producer price index increased by 0.6 percent year-on-year, down from a 1.1 percent rise in the previous month. Analysts had anticipated a 0.7 percent increase. This marks the most modest growth rate since the sequence of increases began in April.
Focusing on specific industrial sectors, prices for capital goods saw a 2.8 percent increase compared to the previous year. In contrast, prices for intermediate goods fell by 0.9 percent, while energy costs decreased by 0.1 percent.
When energy is excluded, the industrial producer price inflation stood at 0.9 percent, compared to 1.1 percent in August.
On a month-to-month basis, producer prices decreased by 0.2 percent in September, aligning with expectations.
