In December 2020, producer prices of industrial products increased by 1% compared to November 2020, while compared to December 2019, they decreased by 2.5%, the Croatian Bureau of Statistics said on Thursday.

Industrial producer prices have been decreasing year on year since March 2020, when they fell by 2.7% from March 2019. The highest annual drop was recorded in May, by 6.6%.

In December 2020, producer prices of industrial products on the non-domestic market increased by 0.8% compared to November 2020, while compared to December 2019, they decreased by 4.0%.

Producer prices of industrial products on the domestic market increased by 1.0% compared to November 2020, while they decreased by 1.2% compared to December 2019.

As compared to November 2020, producer prices of industrial products increased in Energy by 4.8%, in Intermediate goods by 0.2%, in Capital goods and Durable consumer goods by 0.1%, while they decreased in Non-durable consumer goods by 0.2%.

As compared to December 2019, producer prices of industrial products increased in Capital goods by 0.6% and in Intermediate goods by 0.1%, while they decreased in Energy by 10.8%, in Durable consumer goods by 1.4% and in Non-durable consumer goods by 0.3%.