Agricultural producer prices rose by 5.4% month-on-month (m-o-m) and grew by 27.2% year-on-year (y-o-y).
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Industrial producer prices were higher m-o-m (+4.2%) and y-o-y (+24.7%). Construction work prices went up m-o-m (+1.0%) and y-o-y (+10.4%). Service producer prices in the business sphere rose m-o-m (+1.4%) and y-o-y (+4.9%).
“Month-on-month and year-on-year growth of prices for all producers continued in March. Prices of industrial producers increased almost by 25% and prices in agriculture by more than 27%.
Construction work prices, according to an estimate, grew by more than 10% and service producer prices in the business sphere were higher by 4.9%,” noted Jiri Sulc, head of Agricultural, Construction, and Services Prices Statistics Unit of CZSO.
Agricultural producer prices were higher by 5.4% m-o-m. Increasing were prices of pigs for slaughter (+8.2%), cereals (+6.5%), poultry (+6.1%), oleaginous crops (+4.7%) and cattle for slaughter (+4.3%).
Y-o-y agricultural producer prices went up by 27.2% (in February they rose by 22.9%). Prices in the crop production grew by 38.8%.
On the increase were prices of oleaginous crops (+48.2%), cereals (+39.8%) and potatoes (+21.8%). Lower were prices in fruit (-14.0%) and vegetables (-18.0%). Prices in animal products soared by 12.4%. On the increase were prices of cattle for slaughter (+18.9%), milk (+16.4%), eggs (+7.1%) and pigs for slaughter (+3.7%).
Prices of industrial producers grew by 4.2%, m-o-m. Prices rose primarily in ‘coke, refined petroleum products’. Prices were higher in ‘basic metals, fabricated metal products’ (+4.8%), ‘electricity, gas, steam and air conditioning’ (+2.3%) and ‘chemicals and chemical products’ (+4.9%).
On the increase were prices in ‘food products, beverages, tobacco’ (+2.0%), thereof ‘preserved meat and meat products’ (+3.4%) and ‘vegetable and animal oils and fats’ (+16.4%). Prices of industrial producers were higher by 24.7% (in February they rose by 21.3%), y-o-y. Prices went up the most in ‘coke, refined petroleum products’.
Prices went up in ‘electricity, gas, steam and air conditioning’ (+48.9%), thereof ‘electricity, transmission and distribution services’ (+62.3%). On the increase were prices in ‘basic metals, fabricated metal products’ (+27.8%) and ‘chemicals and chemical products’ (+42.9%). Prices rose also in ‘food products, beverages, tobacco’ (+11.5%).
Among the main industrial groupings, higher were primarily prices of ‘energy’ (+53.7%) and ‘intermediate goods’ (+24.3%). Prices of industrial producers excluding energy rose by 15.5%, year-on-year.
According to an estimate, construction work prices rose by 1.0% and prices of construction material and products input were higher by 3.4% m-o-m. According to an estimate, y-o-y construction work prices rose by 10.4% (in February they went up by 9.9%) and prices for construction material and products input increased by 22.8% (in February they grew by 20.3%).
Service producer prices in the business sphere were higher by 1.4% m-o-m due to price increases in ‘advertising and market research services’ (+16.1%), ‘warehousing and support services for transportation’ (+1.2%) and ‘land transport services’ (+0.8%).
Service producer prices in the business sphere, excluding advertising services soared by 0.4%. Service producer prices in the business sphere went up by 4.9% y-o-y (in February they rose by 4.3%).
Prices for ‘warehousing and support services for transportation’ (+15.7%), ‘advertising and market research services’ (+15.3%), ‘employment services’ (+9.5%), ‘rental and leasing services’ (+7.3%), ‘land transport services’ (+5.6%), ‘publishing services’ (+5.2%) and ‘legal and accounting services’ (+5.1%) grew.
Service producer prices in the business sphere, excluding advertising services, were higher by 4.2% (in February they rose by 3.8%). ■