Producer price indices increased in January
According to Statistics Estonia, in January 2011, the change in the producer price index of industrial output was 0.6% compared to December and 5.5% compared to January of the previous year.
In January compared to the previous month, the producer price index was more than average influenced by the increase in prices in the production of food and wood products and by the decrease in the prices of metal processing. Compared to January 2010, prices increased the most in the production of metal products.
| Economic activity | December 2010 – January 2011, % | January 2010 – January 2011, % |
|---|---|---|
| TOTAL | 0.6 | 5.5 |
| Energy supply | -0.1 | 2.4 |
| Mining | 0.6 | 0.5 |
| Manufacturing | 0.6 | 6.0 |
In January 2011 the import price index increased by 1.3% compared to December 2010 and by 13.0% compared to January of the previous year.
In January compared to the previous month, the import price index was more than average influenced by the increase in the prices of agricultural products, paper, mineral fuels and chemical products.