Export prices increased by 7.5 percent, import prices increased by 9.9 percent

Published: 13.12.2021 Related countries:  United Kingdom United Kingdom

In October 2021, export prices in the Czech Republic grew 7.5 percent y/y and were 12.7 percent higher after adjustments for the influence of the exchange rate.

The 14.5 percent increase in the prices of semi-finished products (mainly iron, steel, metal and wooden products) had a decisive impact on the development of the entire index, according to the information provided by the Czech Statistical Office. Import prices were 9.9 percent higher (15.1 percent higher after adjustments). Terms of trade dropped to 97.8 percent (98.8 percent in September).

Source: Czech Statistical Office