Agricultural goods get cheaper while prices of industrial goods rise slightly

Farmers and service providers are continuing to curb inflation according to the latest figures from the Czech Statistical Office. Prices of agricultural products in July dropped by 2.5 percent over the month with the prices of market services falling by 0.6 percent. Prices of goods at factory gates on the other hand rose by a modest 0.3 percent and construction prices were unchanged. Over the last year, costs of agricultural products are down by just over 3.0 percent and industrial goods are almost unchanged.

Author: Chris Johnstone