_Cropped_0_1713343618.jpg)
_1713874341.png)
Slovak unemployment inched further down to 3.88% in March
2 hours ago
Lithuanian producer prices fell 11.4% y/y in June, again driven by reduced oil prices during the coronavirus (COVID-19) pandemic, Statistics Lithuania said on July 10.
The fall deepened after factory gate prices decreased 16.4% y/y in May, making June the fifth consecutive month of PPI deflation. Meanwhile, headline inflation growth accelerated by 0.7pp to 1% y/y in June, Statistics Lithuania said earlier this month.
The annual fall in the PPI in June was driven by a 12.3% y/y decline in the most weighted manufacturing segment. That marked easing in comparison to a decline of 17.4% y/y the preceding month.
Within the manufacturing segment, prices of refined petroleum products fell 41.4% y/y, an effect of the global oil market depression caused by the COVID-19 pandemic. That is an improvement versus the slide of 57.8% y/y in May.
The utility segment saw factory gate prices drop 1.7% y/y in the sixth month, versus a reduction of 2.6% y/y in May.
Prices in the mining and quarrying sector returned to growth by expanding 0.3% y/y in June, after a fall of 35.8% y/y the preceding month.
In the water supply segment, prices expanded 0.8% y/y in June after increasing 1.1% in annual terms in May.
In monthly terms, PPI expanded 2.7% in June after adding just 0.1% m/m the preceding month, data also showed.
Related Content
Data
Poland’s industrial production disappoints in March as output declines 6% y/y
Poland’s industrial production fell 6% year on year in constant prices in March (chart), after a gain of 3.3% y/y the preceding month, unadjusted data from the statistical office GUS showed on April 22.
Ford drives hike in car production in Romania
Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1.
Akbank launches spring syndicated loan renewals season for Turkish banks at better costs
Benefits of Turkey’s so-called economic normalisation policy clearly observed in external debt rollovers.
Ukraine's birth rate plummets to 300-year low as country’s population collapses
Ukraine’s population collapsed to 29mn souls last year, according to Ukraine Business News, with just 187,000 births recorded (including in Russian-occupied territories). This is the lowest annual figure in recorded history over the last 300 years.
Most Read
-
EU finally boosts defence investment into arms production as Ukraine runs out of ammo
1 month ago
-
COMMENT: Can China compensate for Russia’s losses on the European gas market?
1 day ago
-
The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
1 day ago
-
Europe unlikely to tackle Russian LNG imports anytime soon
1 day ago
-
Moldova's pro-Russian opposition forms new political bloc at Moscow meeting
1 day ago
-
Ukraine's birth rate plummets to 300-year low as country’s population collapses
6 days ago
-
Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
6 days ago
-
Russia’s war economy boosted by rising oil prices
8 days ago
-
Russia’s $13.4bn current account surplus in March second highest since 2007
6 days ago
-
EU finally boosts defence investment into arms production as Ukraine runs out of ammo
1 month ago
-
Russia could pay off its entire external debt tomorrow, in cash
24 days ago
-
Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
28 days ago
-
Albanians campaign on social media to keep bus bridge created in freak accident
1 year ago
-
BRICS announce a blockchain-based payment system to create a common currency
27 days ago
-
UBN: Russia could take the Baltic states in 48 hours
1 month ago