Industrial producer prices in Slovakia rose year-on-year in February 2025, marking the first increase in 13 months. The upward shift was mainly driven by the energy sector, where producer prices for electricity and gas rose for the first time since December 2023. According to the Statistical Office of the Slovak Republic, overall industrial producer prices for the domestic market increased by 2.4% compared to February 2024. Among the 16 monitored industrial sectors, 12 recorded price increases. Notable contributors included the energy sector with a 4.2% rise and the manufacture of transport vehicles, where producer prices were 4.4% higher than a year earlier. The rubber and plastic manufacturing sector also saw sustained growth, with prices remaining around 5% higher year-on-year. In contrast, the manufacture of petroleum products experienced an 8.1% decrease. For the first two months of 2025, industrial producer prices for the domestic market showed a marginal decline of 0.1%. Producer prices for the non-domestic market also saw moderate growth, increasing by 0.4% year-on-year in February, although they declined by 1.1% month-on-month. Over the first two months of the year, non-domestic producer prices rose by 0.9% compared to the same period in 2024. In agriculture, producer prices increased by 7% year-on-year in February. Crop product prices grew by 9.6%, driven by notable increases in cereals, legumes, oilseeds, and fruits. Animal product prices rose by 4.9%, with sheep and lamb prices up by 24%, while hen eggs and raw cow’s milk prices rose by 12% and 8%, respectively. On average, agricultural producer prices rose by 7.3% in the first two months of the year. In the construction sector, work prices were 2.9% higher than in February 2024, and construction material prices increased by 1.9%. For the first two months of the year, construction work and material prices rose by 3.1% and 1.9%, respectively. The February data suggests a broader shift in production price trends across key sectors, influenced by energy market developments and rising agricultural and construction costs. Source: Statistical Office of the Slovak Republic