The producer price index of industrial output increased by 0.4% in January

News
Posted on 27 February 2014, 10:00

According to Statistics Estonia, in January 2014, the producer price index of industrial output changed by 0.4% compared to December 2013 and by –0.2 % compared to January 2013.

In January compared to the previous month, the producer price index was more than average influenced by the increase in prices in electricity, gas, steam and air conditioning supply as well as by the decrease in prices in the manufacture of electronic equipment and in mining.

Compared to January 2013, the producer price index was more than average influenced by the increase in prices in mining as well as by the decrease in prices in the manufacture of food products.

Change in the producer price index of industrial output by economic activity, January 2014
Economic activity according to EMTAK 2008 January 2014 –
December 2013, %
January 2014 –
January 2013, %
TOTAL 0.4 -0.2
Manufacturing 0.1 0.2
Mining -5.8 -7.5
Electricity, gas, steam and air conditioning supply 5.7 -0.5
Water supply; sewerage; waste management and remediation activities 0.3 1.0

In January 2014, the export price index changed by –0.8% compared to December 2013 and by –1.5% compared to January 2013.

In January, compared to the previous month, the prices of oil products, electronic equipment and wearing apparel decreased more than average and the prices of agricultural products, metals and furniture increased more than average.

In January 2014, the import price index changed by 0.4% compared to December 2013 and by –1.5% compared to January 2013.

In January, compared to the previous month, the prices of agricultural products, wearing apparel, mineral fuels and chemical products increased more than average and the prices of textiles, leather products and building materials decreased more than average.