Croatia's industrial producer prices down 5.6 pct year-on-year

Industrial producer prices have been on the decline since March 2020, when they fell by 2.7% compared with March 2019. The sharpest annual decline was recorded in May, of 6.6%.

Excluding energy prices, industrial producer prices in October declined by 1.9% on the month and by 2.5% on the year.

On the foreign market, industrial producer prices fell by 2.9% on the month and by 9.4% on the year, while on the domestic market they rose by 1.1% compared with September 2020 and dropped by 2.4% compared with October 2019.