Export and import prices up

Published: 13.08.2019 Related countries:  China China

According to Czech Statistical Office Export prices went up 1.7% and import prices 1.5% in 2Q.

Export prices increased by 1.7% year on year in Q2 2019. Import prices grew by 1.5%. The terms of trade figures reached 100.2%. In terms of exports, the biggest growth was recorded for prices of miscellaneous manufactured articles (+4.3%), while only prices of other raw materials have dropped (-1.5%). In import, prices of other raw materials increased the most (+ 8.7%). Prices of beverages and tobacco decreased by 5.0% and prices of semifinished products by 0.1%. Compared to 1Q 2019, export prices did not change, import prices increased by 0.4%. The terms of trade figures reached 99.6%. The information was provided by the Czech Statistical Office.