Producer price indices - March 2025

“In year-on-year comparison, industrial producer prices decreased again, by 0.3%. On the other hand, prices of other producers continued to grow. Prices in agriculture decelerated their increase by 1.1 percentage points to 8.2%. Construction work prices were higher by 3.0% year-on-year and service producer prices in the business sphere by 3.7%,” noted Vladimir Klimes, head of Industrial and International Trade Prices Statistics Unit of CZSO.

Agricultural producer prices increased by 2.2% m-o-m. Rising were prices of eggs (+6.8%), cattle for slaughter (+6.3%), poultry (+5.0%), vegetables (+3.7%), oilseeds (+3.6%), cereals (+1.2%) and milk (+1.1%). Prices of pigs for slaughter decreased (-1.8%). Y‑o‑y, agricultural producer prices grew by 8.2% (+9.3% in February). In crop production, prices went up by 5.1%. Higher were prices of oilseeds (+28.5%), fruit (+25.6%) and cereals (+12.4%), while prices of potatoes (-14.9%) and vegetables (-9.1%) fell. In animal production, prices went up by 12.7%. Prices increased for eggs (+28.4%), cattle for slaughter (+23.6%), milk (+18.5%) and poultry (+6.6%). Decrease occurred in prices of pigs for slaughter (‑15.5%).

Prices of industrial producers fell by 0.3% m-o-m. Prices went down especially in ‘coke, refined petroleum products’. Lower were prices in ‘crude petroleum and natural gas’ (-3.9%), ‘coal and lignite’ (-1.6%), ‘beverages’ (-0.9%) and ‘computer, electronic and optical products’ (-0.7%). Prices rose in ‘other transport equipment’ (+1.7%), ‘printing and recording services’ (+1.6%), and ‘textiles’ and ‘furniture’ (+0.5% both). On the increase were also prices in ‘food products’ (+0.1%), especially in ‘vegetable and animal oils and fats’ (+1.4%), ‘grain mill products, starches and starch products’ (+1.2%) and ‘prepared animal feeds’ (+0.6%). On the other hand, prices went down in ‘processed and preserved fruit and vegetables’ (-0.6%), and ‘other food products’ (-0.5%). Prices of industrial producers fell by 0.3% y-o-y (-0.1% in February). Prices went down particularly in ‘coke, refined petroleum products’. On the decrease were prices in ‘crude petroleum and natural gas’ (-17.4%), ‘coal and lignite’ (-9.5%), ‘basic metals’ (-3.7%) and ‘chemicals and chemical products’ (-3.1%). Prices rose in ‘food products’ (+1.9%), especially in ‘dairy products’ (+12.4%), ‘vegetable and animal oils and fats’ (+9.8%) and ‘preserved meat and meat products’ (+0.4%). On the decrease were prices in ‘other food products’ (-4.6%) and ‘grain mill products, starches and starch products’ (-1.8%). Prices grew in ‘other mining and quarrying products’ (+5.6%), ‘other transport equipment’ (+4.2%) and ‘repair and installation services of machinery and equipment’ (+3.8%). Among the main industrial groupings, prices of ‘non-durable consumer goods’ (+1.4%) and ‘capital goods’ (+1.6%) went up y-o-y, prices of ‘energy’ (-2.6%) went down. Prices of industrial producers excluding energy were higher by 0.6% (+1.1% in February).

Construction work prices, as estimated, increased by 0.6% and prices of materials and products used in construction were lower by 0.1% m-o-m. According to the estimate, construction work prices rose by 3.0% y‑o‑y (+2.8% in February after updated estimate). Prices of materials and products used in the construction were higher by 0.5% y-o-y (+0.9% in February).

Service producer prices in the business sphere increased by 0.9% m-o-m. Prices went up for ‘advertising and market research services’ (+7.2%) and ‘programming and broadcasting services’ (+7.1%). Falling were prices of 'legal and accounting services' (-0.3%). Service producer prices in the business sphere, excluding advertising services rose by 0.5%. Service producer prices in the business sphere grew by 3.7% y-o‑y (+3.5% in February). Prices rose for ‘security and investigation services’ (+12.5%), ‘programming and broadcasting services’ (+7.4%), ‘employment services’ (+7.9%), 'publishing services' (+5.7%), ‘advertising and market research services’ (+4.7%) and 'postal and courier services' (+4.5%). Service producer prices in the business sphere, excluding advertising services, increased by 3.6% (+3.2% in February).

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

According to the Eurostat News Releases, industrial producer prices increased in February by 0.3% in EU27 (in January they rose by 0.8%), m-o-m. The highest increases were recorded in Estonia (+9.5%), Romania (+4.8%) and Bulgaria (+2.5%). Prices remained stable in Poland and were lower in Czechia (-0.1%) and Austria and Germany (-0.2% both). The largest decreases were observed in Ireland (-4.9%), France and Slovakia (both -0.8%) and Slovenia (-0.5%). Industrial producer prices rose in February by 3.1% (in January they went up by 1.8%) in EU27, y-o-y. The highest increases were recorded in Bulgaria (+19.0%), Ireland (+12.8%) and Estonia (+12.7%). Prices rose in Slovakia (+2.2%) and Germany (+0.8%) and fell in Czechia (-0.1%), Poland (-0.7%) and Austria (-1.1%). Prices decreased the most in Luxembourg (-5.6%), Lithuania (-1.5%) and France (-1.4%).