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Friday, the Statistical Office of the Slovak Republic announced that the total producer price index or PPI dropped 8.2% year-on-year in October, compared to the 7.7% fall in the previous month.
On a monthly basis, the PPI dropped 0.1% in October, at the same pace as in the preceding month.
For the January to October period, producer prices decreased 7% compared to the same period of the previous year.
Producer prices for domestic market fell 5.8% on an annual basis in October, while producer prices for manufacturing dropped 6.2%. At the same time, mining and quarrying output prices were down 4.8%.
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