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Financial News: Croatia Producer Price Inflation Slows In August

Croatia Producer Price Inflation Slows In August

09/07/2018 - 07:21:00 (RTTNews)

(RTTNews) - Croatia's producer prices rose at a slower pace in August, for the first time in four months, preliminary data from the Bureau of Statistics showed Friday.

Total producer prices rose 3.6 percent year-on-year following 4 percent growth in July. The rate eased for the first time since March.

On a month-on-month basis, producer prices grew 0.2 percent after a 0.5 percent increase.

Domestic market producer prices rose 3.4 percent year-on-year after a 4 percent increase in July. Compared to the previous month, prices edged up 0.1 percent following 0.7 percent in July.

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