In October the decrease of the producer price index continued

News
Posted on 20 November 2012, 10:00

According to Statistics Estonia, in October 2012 the producer price index of industrial output changed by -0.1 % compared to September 2012 and by 2.0% compared to October of the previous year.

In October, compared to the previous month, the producer price index was more than average influenced by the decrease in prices in the manufacture of refined petroleum products, and in the manufacture of wood and wood products, as well as by the increase in prices in the manufacture of metal and food products.

Compared to October 2011, the index was more than average influenced by the increase in prices in the manufacture of food products and heat energy and by the decrease in prices of computers and electronic products.

Change in the producer price index of industrial output by economic activity, October 2012
Economic activity according to EMTAK 2008 September 2012 –
October 2012, %
October 2011 –
October 2012, %
TOTAL -0.1 2.0
Manufacturing -0.1 1.7
Mining 0.0 2.3
Electricity, gas, steam and air conditioning supply -0.3 4.7
Water supply; sewerage; waste management and remediation activities 0.0 0.4

In October 2012 the export price index changed by -0.5% compared to September 2012 and by 1.6% compared to October 2011.

In October, compared to the previous month, the prices of electricity, petroleum products, paper and paper products and agricultural products decreased more than average and the prices of metal and peat products and furniture increased more than average.

In October 2012 the import price index changed by -0.2% compared to September 2012 and by 4.3% compared to October 2011.

In October compared to the previous month, the prices of petroleum and textile products decreased more than average and the prices of agricultural, metal and leather products increased more than average.