Czech producer prices rose in July, according to the Czech Statistical Office on Monday.
The price index of industrial producers increased by 7.8 per cent in July after a 6.8 per cent rise in July. Economists had expected a 6.7 percent rise.
In July, water supply prices increased by 5.9 percent every year and production costs of products increased by 9.5 percent.
Mining and quarrying prices went up by 2.0 per cent and prices for electricity, gas, steam and air conditioning increased by 0.5 per cent.
In the main industrial group, intermediate goods prices rose by 15.5 per cent and energy prices by 9.1 per cent.
On a monthly basis, producer prices rose by 1.6 percent in July. Economists had predicted a 0.7% increase.
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