(CIANEWS) - Export prices in March 2022 were up 13.2% y/y, and 16.7% on an adjusted basis. The largest contributor to the result was a 152.8% increase in mineral fuel prices (electricity, petroleum products, gas, and coal). Data from the Czech Statistical Office also show that import prices were 19.2% higher, up 22.1% on an adjusted basis. The increase was also mostly driven by a 148.6% rise in the price of mineral fuels. The value of the terms of trade fell to 95.0% from 96.8% in February. Month-on-month, export prices rose by 4.7% and import prices by 7.0%.