Czech Producer Prices Remain Benign in June
Czech industrial producer prices stayed subdued in June despite higher input costs earlier in the supply chain. Agricultural producer prices posted an even sharper annual decline.
Czech producer prices remained benign in June, with industrial pricing subdued even as input costs rose at earlier stages of production. Agricultural producer prices saw a more pronounced year-on-year drop, according to the data.
The figures suggest limited passthrough of upstream price pressures to the final output stage, keeping overall inflation risks contained for now.
Source: FXStreet Forex News