NORDIC CHAMBER Press Archive
Industry prices up 24%, energy 57% more expensive
(CIANEWS) - In October 2022, the prices of agricultural producers grew by 27.1% year on year, while the prices of industrial producers went up 24.1%. Data published by the Czech Statistical Office shows that electricity, gas, steam, and conditioned air were 56.8% more expensive. The prices of food products, beverages and tobacco increased by 25.8%, of which mill and starch products cost 57.0% more. Construction work was 12.0% more expensive, while the price of market services for companies was 6.3% higher. According to Eurostat data, the prices of industrial producers in the EU27 grew by 41.4% in September. The increase totalled 62.8% in Slovakia and 25.8% in the Czech Republic.