Producer price index increased in March

News
Posted on 20 April 2010, 11:00

According to Statistics Estonia, in March 2010 the producer price index increased 0.2% compared to February and 1.2% compared to March of the previous year.

In March compared to the previous month the producer price index was more than average influenced by the increase in prices in the manufacture of chemical products and by the decrease in prices in the manufacture of beverages. Compared to March 2009 the prices increased most in production of wood products.

Change in the producer price index by economic activity, March 2010
Economic activity February 2010 –
March 2010, %
March 2009 –
March 2010, %
TOTAL 0.2 1.2
Energy supply 1.0 0.7
Mining 0.6 -2.7
Manufacturing 0.2 1.4

In March 2010 the export price index decreased 0.4% compared to February 2009 and increased 2.6% compared to March 2009.

In March compared to the previous month, the export price index was more than average influenced by the increase in prices in the manufacture of agricultural products, extraction of peat and production of food products and by the decrease in prices in the manufacture of metal products.

In March 2010 the import price index increased 1.0% compared to February 2009 and 8.6% compared to March 2009.

In March compared to the previous month, the import price index was more than average influenced by the increase in prices of wood, agricultural products, metals and metal products and mineral fuels.