ZAGREB, 8 July 2022- In June 2022, industrial producer prices jumped 24% on the year, going up for the 16th consecutive month, which was the highest increase since 2011, according to the Croatian Bureau of Statistics.
In March 2021, producer prices were up 3.5% year on year, last December the increase was 16%, followed by 17.1% in January, 17.2% in February, 19.5% in March, 21.9% in April and 23.7% in May.
The increase in producer prices was in large part due to energy prices. With the exclusion of energy, industrial producer prices in June 2022 were 0.7% higher on the month and 9.6% on the year.
On the foreign market, industrial producer prices in June 2022 were 1.4% higher on the month and 15.8% on the year, while on the domestic market, they were up 0.8% on the month and 30.8% on the year.
On the domestic market, energy prices jumped 90% year on year in June 2022, followed by intermediate products (+11.5%), non-durable consumer products (+10.2%), durable consumer products (+9.9%) and capital products (+4.8%).
Month on month, the prices of non-durable consumer products were up 1.4%, followed by durable consumer products (+1.1%), energy and capital products (+0.5% each), and intermediate products (+0.4%).
