Increase in Producer Prices in Industry

Producer prices of industrial products in Croatia decreased by 0.2 percent in April compared to March, while they were 1 percent higher compared to April of last year, as reported by the Croatian Bureau of Statistics (DZS).

Excluding energy prices, producer prices in April increased by 0.1 percent on a monthly basis, and on an annual basis, they rose by 0.7 percent.

Producer prices of industrial products in the domestic market fell by 0.2 percent in April compared to March, while they were 2.4 percent higher compared to April of last year.

Prices at which industrial products produced in the domestic market were sold in foreign markets decreased by 0.3 percent in the fourth month of this year compared to the previous month, while they fell by 1.3 percent compared to April of last year.

When observed by major industrial groupings, in April, producer prices of capital goods and durable and non-durable consumer goods increased by 0.2 percent on a monthly basis, while energy prices fell by 1.1 percent, and intermediate goods prices decreased by 0.1 percent compared to March.

On an annual basis, compared to April of last year, the highest increase was recorded in the prices of non-durable consumer goods, which rose by 2.4 percent, and producer prices of energy also increased by 0.6 percent.

At the same time, prices of capital goods fell by 1.6 percent, and prices of intermediate goods decreased by 0.3 percent, while prices of durable consumer goods remained stable.

When viewed according to the national classification of activities, in April, compared to the same month last year, the highest increase in producer prices was in the supply of electricity, gas, steam, and air conditioning, by 18.5 percent. In the supply of water, wastewater management, waste management, and environmental remediation activities, the increase in producer prices was 7.2 percent, while in mining and quarrying, prices fell by 3.3 percent, and in the manufacturing industry by 0.6 percent.