DATA SNAP: Czech Aug PPI +3.7% On Year Vs Jul +4.1% On Yr -2
Automotive fuels and other refined oil product prices declined 2.1% on the year in August, compared with a 1.8% annual rise in July.
The PPI data showed the rise in prices in the manufacturing sector, which accounts for the lion's share of the economy, slowed to 3.0% on the year in August from 3.4% in July.
The cost of basic metals and metal processing posted a 6.9% annual rise in August, compared with a 7.7% year-on-year increase in July and an 8.7% annual increase in June, the CSU said.
Regulated energy prices, including electricity, heating and natural gas supplies for households, rose 7.5% on the year in August, a repeat of the rise seen in July.
Meanwhile, prices of electrical and optical equipment gained 1.7% on the year in August following a 1.6% rise in July.
CSU Web site: http://www.czso.cz
-By Sean Carney, Dow Jones Newswires; +420 221 085 272; sean.carney@dowjones.com
(END) Dow Jones Newswires
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