Industrial Producer Prices Jump by Record-High 24% in June

Total Croatia News

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In March 2021, producer prices were up 3.5% year on year, last December the increase was 16%, followed by 17.1% in January, 17.2% in February, 19.5% in March, 21.9% in April and 23.7% in May.

The increase in producer prices was in large part due to energy prices. With the exclusion of energy, industrial producer prices in June 2022 were 0.7% higher on the month and 9.6% on the year.

On the foreign market, industrial producer prices in June 2022 were 1.4% higher on the month and 15.8% on the year, while on the domestic market, they were up 0.8% on the month and 30.8% on the year.

On the domestic market, energy prices jumped 90% year on year in June 2022, followed by intermediate products (+11.5%), non-durable consumer products (+10.2%), durable consumer products (+9.9%) and capital products (+4.8%).

Month on month, the prices of non-durable consumer products were up 1.4%, followed by durable consumer products (+1.1%), energy and capital products (+0.5% each), and intermediate products (+0.4%).


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