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Slovakia: Prices continued to increase in whole production area

Christian Fernsby |
At the beginning of the year, prices in Slovakia continued to increase in the whole production area, year-on-year, prices of industrial producers for the domestic market rose at most.

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In January, industrial producer prices for the domestic market grew most considerably by 23.8% year-on-year and construction materials and components by 23.4%.

In January, compared to December, industrial producer prices for the domestic market increased by 8.6%. Prices of electricity and gas supply increased by 20.3%, mining and quarrying by 7.6%, manufacturing by 1.2% and water supply and waste management by 0.6%.

In manufacturing, prices of manufacture of machinery n.e.c. increased by 5.7%, chemicals by 3.1%, food by 2.8%, rubber and plastic products by 2.3%, metals by 2.2%, wood products by 1.8%, computer products by 0.8%, electrical equipment by 0.5% and textiles and leather, prices of transport equipment and pharmaceutical products equally by 0.4%. Prices of manufacture of coke and refined petroleum products decreased by 3.2% and other manufacture by 0.2%.

In January 2022, compared to January 2021, industrial producer prices for the domestic market increased by 23.8%. Prices of electricity and gas supply increased by 41.8%, mining and quarrying by 23%, manufacturing by 13.4%. and water supply and waste management by 7%.

In manufacturing, prices of coke and refined petroleum products increased by 58.4%, chemicals by 52.6%, metals by 33.2%, wood products by 20.2%, food by 10.1%, textiles and leather by 7.4%, electrical equipment by 7.1%, rubber and plastic products by 6%, machinery not elsewhere classified by 5.3%, computer products by 3%, other manufacture by 1.9%, pharmaceutical products by 1.3% and transport equipment by 0.8%.

Industrial producer prices for the non-domestic market rose by 3% in January compared to December. Prices of electricity and gas supply increased by 25%, water supply and waste management by 19.1% and manufacturing by 1.5%. Prices of mining and quarrying decreased by 6.7%.

In manufacturing, prices of manufacture of chemicals increased by 3.4%, food by 3.1%, coke and refined petroleum products by 2.1%, metals by 1.9%, manufacture of textiles and leather by 1.7%, transport equipment and machinery and equipment n.e.c. equally by 1.6%, computer products computer products by 1.3%, wood products by 1.1%, rubber and plastic products by 1% and prices of pharmaceutical products by 0.8%. Prices of other manufacture decreased by 4.2% and manufacture of electrical equipment by 0.3%.

In January 2022, compared to January 2021, industrial producer prices for the non-domestic market increased by 19.2%. Prices of water supply and waste management rose by 146.2%, electricity and gas by 102.5%, mining and quarrying by 46.7% and manufacturing by 15%.

In manufacturing, prices of manufacture of chemicals increased by 58.7%, coke and refined petroleum products by 58.1%, metals by 42.1%, wood products by 27.8%, computer products by 13.1%, electrical equipment by 10.9%, food by 8.4%, rubber and plastic products by 7.3%, machinery n.e.c. by 5.6%, other manufacture by 5.5%, transport equipment by 4.6% and textiles and leather by 1.8%. Prices of manufacture of pharmaceutical products decreased by 1.4%.

In January, prices of agricultural products rose by 15.7% year-on-year. Prices of vegetable products increased by 26.9% and prices of animal products by 4.4%.

As for the crop products, prices of cereals increased by 43.5%, prices of oilseeds and seeds by 37.3%, prices of legumes by 20.5% and prices of fruit and vegetables by 0.7%. Potato prices fell by 2.3%.

As for the animal products, prices of sheep and lambs slaughtered increased by 27.3%, prices of poultry slaughtered by 12.3%, prices of hen edible eggs by 8.1%, prices of raw cow milk by 5.6%, prices of pigs slaughtered by 0.3% and prices of beef cattle and calves by 0.2%. Prices of raw sheep wool in pot decreased by 5.5% and prices of live fish by 0.9%.

In January 2022, compared to December, construction work prices increased by 0.2%. Compared to January 2021, they increased by 11.3%.

Prices of construction materials and components increased by 0.4% in January 2022 compared to December. Compared to January 2021, they increased by 23.4%.


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