BRATISLAVA, December 21, (WEBNOVINY) — The growth rate of prices in the sector of industry in Slovakia continued to slow down in November. According to the Statistics Office, in November on aggregate, prices of industrial producers increased over the previous year by 1.9 percent, while in the previous month it was by 2.3 percent. In a monthly comparison, prices decreased by 0.4 percentage points.
Compared to last year’s November, prices for the domestic market grew by 3.9 percent. Prices increased of electricity, gas, steam and cooled air supply by 6.6 percent, of water supply, sewerage, waste management by 5.7 percent, mining and quarrying by 2.3 percent and in industrial manufacturing by 1.9 percent. Among prices in manufacturing, prices grew most prices of coke and refined petroleum products by 10.6 percent and in so-called other manufacturing, in repair and installation of machinery and equipment by 7.1 percent. Prices decreased most notably in production of wood and paper products, printing and metal and metal products both by 2.9 percent. In monthly terms, domestic industrial prices fell by 0.1 percentage point.
On average since the beginning of the year compared to the same period last year, prices on the domestic market grew by 3.8 percent due to higher prices of electricity, gas, steam and cooled air supply by 7.3 percent, in mining and quarrying by 5.2 percent, of water supply, sewerage, waste management by 4.8 percent, and industrial manufacturing by 1.3 percent.
Export industrial prices in November were higher by 0.8 percent. Prices of electricity, gas, steam and cooled air supply grew by 8.5 percent, in manufacturing by 0.5 percent, in mining and quarrying by 0.3 percent. In manufacturing, especially prices of chemicals and chemical products increased, by 7.4 percent and prices of coke and refined petroleum products increased by 7 percent. Most significant drop of prices was for metals and metal products 3.8 percent. In monthly terms, industrial export prices fell by 0.6 percent.
On average since the beginning of the year compared to the same period last year, prices of industrial producers for export grew by 0.8 percent due to higher prices of electricity, gas, steam and cooled air supply by 7.8 percent, in mining and quarrying by 1.5 percent and in industrial manufacturing by 0.5 percent.
SITA