In December, the producer price index of industrial output continued to decrease
According to Statistics Estonia, in December 2015, the producer price index of industrial output changed by -1.0% compared to November 2015 and by -2.3% compared to December 2014.
In December, compared to the previous month, the producer price index was more than average influenced by a decrease in prices in electricity, gas, steam and air conditioning supply, and in the manufacture of fuel oils and wood products but also by an increase in prices in the manufacture of chemical products.
Compared to December 2014, the producer price index was more than average influenced by a decrease in prices in electricity, gas, steam and air conditioning supply and in the manufacture of food products, wood and wood products and fuel oils but also by an increase in prices in mining and quarrying.
| Economic activity according to EMTAK 2008 | December 2015 – November 2015, % | December 2015 – December 2014, % |
|---|---|---|
| TOTAL | -1.0 | -2.3 |
| Manufacturing | -0.5 | -1.3 |
| Mining and quarrying | -0.8 | 6.5 |
| Electricity, gas, steam and air conditioning supply | -7.3 | -16.6 |
| Water supply; sewerage, waste management and remediation activities | 0.0 | 0.1 |
In December 2015, the export price index changed by -1.5% compared to November 2015 and by -2.9% compared to December 2014.
In December, compared to the previous month, the prices of electricity, oil products and metals decreased more than average, while the prices of beverages, textiles and agricultural products increased more than average.
In December 2015, the import price index changed by -0.5% compared to November 2015 and by -3.0% compared to December 2014.
In December, compared to the previous month, the prices of electricity, oil products, and textiles decreased more than average, while the prices of furniture and agricultural products increased more than average.