Agricultural producer prices in Czechia fell sharply on a month-on-month basis, while several key food items moved in opposite directions.

Fresh data released by the Czech Statistical Office (CZSO) show that fruit prices dropped significantly, even as eggs recorded a steep increase.

Compared with the previous month, agricultural producer prices declined by 4 percent. At the same time, industrial producer prices rose by 0.3 percent. Construction work became slightly more expensive, increasing by 0.1 percent, while prices of market services for businesses edged down by 0.1 percent.

Looking at developments over the past year, trends remain mixed. Industrial producer prices fell year-on-year for the tenth consecutive month, declining by 1.3 percent.

Agricultural producer prices rose by 1.2 percent, marking the slowest annual growth since September 2024. Construction work prices were 0.1 percent higher than a year earlier, while prices of market services for businesses increased by 4.3 percent.

Within agriculture, price movements varied widely. Fruit prices fell by 9.5 percent month-on-month, potatoes dropped by 8.2 percent, and pig prices declined by 6.1 percent. In contrast, egg prices jumped by 12.4 percent, and poultry prices rose by 2.1 percent.

Industrial producer prices recorded their strongest monthly increases in refined petroleum products. Prices of electricity, gas, steam, and air conditioning rose by 0.8 percent, while wood and cork products, excluding furniture, increased by 1.1 percent. Food manufacturing moved in the opposite direction, with prices down by 0.8 percent overall. Processed and preserved meat products fell by 1.4 percent, and dairy products by 1.6 percent.

Despite the monthly increase, energy prices continued to fall on an annual basis. Prices of electricity, gas, steam, and air conditioning were 3.2 percent lower year-on-year.

Construction prices also showed limited movement. According to estimates, prices of construction work and construction materials both increased by 0.1 percent month-on-month. Compared with last year, prices in the construction sector were up by 3.2 percent.

Some service sectors recorded notable declines. Prices in film, video, and television production fell by 4.4 percent compared with the previous month.

Economists see the latest figures as a positive signal for inflation. Petr Dufek, chief economist at Creditas Bank, said the November producer price data point to easing price pressures across the economy.

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