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Monday, the Statistical Office of the Slovak Republic announced that the producer price index or PPI decreased 7.9% in August, compared to the 8.2% fall in the previous month.
Producer prices for manufacturing dropped 7.3% on an annual basis in August, while the PPI for mining and quarrying fell 9.8%. At the same time, the domestic producer prices were down 4.6%.
On a monthly basis, the PPI remained unchanged in August, after falling 0.4% in July.
For the January to August period, producer prices decreased 6.7% compared to the same period of the previous year.
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