Czech import, export prices up in February

Czech import prices rose by 4.5 percent year-on-year in February, increasing for the first time in 18 months, and export prices grew by 8.3 percent, the Czech Statistical Office said on Wednesday. In exports, the price increases were mostly affected by rising prices of manufactured goods chiefly by materials, miscellaneous manufactured articles and machinery and transport equipment. By contrast, more marked price drops were recorded for food and crude materials. Import prices were mostly affected by rising prices of machinery and transport equipment.