Producer price indices - April 2025

“Prices of industrial producers have been falling for three months in a row, both month-on-month and year-on-year. They fell by 0.8% month-on-month and by 1.3 % year-on-year. On the other hand, prices of other producers continued in their year-on-year growth. Prices in agriculture accelerated their year-on-year increase to 15.7%. Construction work prices were higher by 3.6% year-on-year and service producer prices in the business sphere by 4.0%,” noted Vladimir Klimes, head of Industrial and International Trade Prices Statistics Unit of CZSO.

Agricultural producer prices increased by 3.2% m-o-m. Rising were prices of eggs (+12.1%), cattle for slaughter (+4.6%), pigs for slaughter (+3.1%), cereals (+1.3%) and milk (+1.1%). The decrease was recorded for prices of potatoes (-4.0%), oilseeds (-0.8%) and poultry (-0.5%). Y‑o‑y, agricultural producer prices grew by 15.7% (+8.2% in March). In crop production, prices went up by 17.3%. Higher were prices of fruit (+38.5%), oilseeds (+25.4%), cereals (+14.9%) and fresh vegetables (+14.4%), while prices of potatoes fell (-4.9%). In animal production, prices went up by 14.4%. Prices increased for eggs (+42.5%), cattle for slaughter (+25.8%), milk (+19.6%) and poultry (+4.3%). Decrease occurred in prices of pigs for slaughter (‑14.1%).

Prices of industrial producers fell by 0.8% m-o-m. Prices went down in ‘coke, refined petroleum products’. Lower were prices in ‘electricity, gas, steam and air conditioning’ (-3.0%) and ‘chemicals and chemical products’ (-2.7%). Prices rose in ‘food products’ (+0.7%), particularly in ‘preserved meat and meat products’ (+2.1%) and ‘processed and preserved fruit and vegetables’ (+2.3%). Lower were prices in ‘grain mill products, starches and starch products’ (-0.5%) and vegetable and animal oils and fats’ (-0.4%). Prices rose in ‘rubber and plastic products’ (+1.3%) and ‘wood and of products of wood and cork’ (+2.1%). Prices of industrial producers decreased by 1.3% y-o-y (-0.3% in March). Prices were lower particularly in ‘coke, refined petroleum products’. On the decrease were prices in ‘electricity, gas, steam and air conditioning’ (-2.9%), ‘chemical and chemical products’ (-7.1%) and ‘coal and lignite’ (-10.6%). Prices rose in ‘food products’ (+2.7%), especially in ‘dairy products’ (+11.7%), prices went down in ‘other food products’ (-3.1%). Prices grew in ‘repair and installation services of machinery and equipment’ (+3.5%) and ‘wood and of products of wood and cork’ (+4.3%). Among the main industrial groupings, prices of ‘energy’ (-5.9%) and ‘intermediate goods’ (-0.5%) went down y-o-y, prices of ‘non-durable consumer goods’ (+1.9%) and ‘capital goods’ (+1.4%) went up. Prices of industrial producers excluding energy were higher by 0.6% (+0.6% also in March).

Construction work prices, as estimated, and prices of materials and products used in construction increased by the same 0.4% m-o-m. According to the estimate, construction work prices rose by 3.6% y‑o‑y (+3.3% in March after updating). Prices of materials and products used in the construction were higher by 0.7% y-o-y (+0.5% in March).

Service producer prices in the business sphere increased by 1.0% m-o-m. Prices went up for ‘programming and broadcasting services’ (+9.8%), ‘advertising and market research services’ (+9.4%) and ‘employment services’ (+3.9%). Falling were prices of 'land transport services' (‑0.5%) and 'motion picture, video and television programme production services, sound recording and music publishing' (-3.2%). Service producer prices in the business sphere, excluding advertising services rose by 0.3%. Service producer prices in the business sphere grew by 4.0% y-o‑y (+3.7% in March). Prices rose for ‘programming and broadcasting services’ (+16.4%), ‘advertising and market research services’ (+14.2%), ‘security and investigation services’ (+12.5%), ‘employment services’ (+9.4%) and 'warehousing and support services for transportation' (+6.1%). Prices of 'motion picture, video and television programme production services, sound recording and music publishing' fell (-7.2%). Service producer prices in the business sphere, excluding advertising services, increased by 3.2% (+3.6% in March).

Industrial producer prices in the EU – March 2025 (preliminary data)

According to the Eurostat News Releases, industrial producer prices decreased in March by 1.6% in EU27 (in February they rose by 0.4%), m-o-m. The largest decreases were recorded in Estonia (-8.0%), Spain (-3.9%) and Italy (-3.3%). Prices went down in Germany (-0.8%) and Czechia (-0.3%), remained stable in Poland and Slovakia and went up in Austria (+0.2%). The highest increases were observed in Greece (+1.3%), Luxembourg (+0.9%) and Slovenia (+0.6%). Industrial producer prices went up in March by 2.1% (in February they increased by 3.2%) in EU27, y-o-y. The highest increases were recorded in Bulgaria (+22.0%), Ireland (+10.6%) and Denmark (+10.2%). Prices were higher in Slovakia (+2.6%) and Austria (+0.3%) and lower in Poland (-0.4%), Czechia (-0.3%), Germany (-0.2%). The largest decreases were observed in Luxembourg (-4.5%), Portugal (-1.0%), France and Lithuania (-0.6% both).