Import prices fell by 5.4 %, fuel prices down 24.1 % in the Czech Republic

Published: 14.06.2023 Related countries:  U.S.A. U.S.A.

In April 2023, export prices increased by 0.2 % y/y, import prices decreased by 5.4 %. Terms of trade reached 105.9 % (105.7 % in March).

The Czech Statistical Office informed about this, saying that in the case of exports, the biggest influence was the increase in the prices of mineral fuels by 12.7 % (electricity and gas). From the point of view of imports, the discounting of mineral fuels by 24.1 % (mainly oil and oil products, gas and electricity) was crucial.

In a month-on-month comparison, export prices fell by 2.2 % and import prices by 2.9 %. Terms of trade recorded a value of 100.7 % (100.8 % in March).

Source: CIA News, www.cianews.cz.
Prepared by the CzechTrade office in New York.

Cookies