The producer price index (PPI) in Slovak Republic in 2024 amounted to 133.33, which is 12.38% less than in 2023, when it was 152.17. This is the first year of decline after a period of growth. According to the IMF data, since 1991, the producer price index has increased in 3.06 times.
The PPI measures how much the prices that producers receive for their goods and services change over time - it’s like an early warning system for inflation before it reaches consumers. It’s based on a “basket” of goods and services that businesses sell.
Producer Price Index | Slovak Republic – yearly data, chart and table
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Overview
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About indicator
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
