The producer price index of industrial output decreased in July
According to Statistics Estonia, in July 2016, the producer price index of industrial output changed by -0.3% compared to June 2016 and by -1.0% compared to July 2015.
In July, 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 mining, but also by an increase in prices in the manufacture of electronic equipment, fuel oils and chemicals.
Compared to July 2015, the producer price index was more than average influenced by a decrease in prices in electricity, gas, steam and air conditioning supply, in mining and in the manufacture of chemicals and chemical products, but also by an increase in prices in the manufacture of electronic equipment.
| Economic activity according to EMTAK 2008 | July 2016 – June 2016, % | July 2016 – July 2015, % |
|---|---|---|
| TOTAL | -0.3 | -1.0 |
| Manufacturing | 0.9 | 0.1 |
| Mining and quarrying | -11.1 | -13.1 |
| Electricity, gas, steam and air conditioning supply | -9.5 | -8.1 |
| Water supply; sewerage, waste management and remediation activities | 0.0 | 3.4 |
In July 2016, the export price index changed by -0.2% compared to June 2016 and by -1.1% compared to July 2015.
In July, compared to the previous month, the prices of peat products, oil products and parts and accessories for motor vehicles decreased more than average, while the prices of electricity, building materials and electronic equipment increased more than average.
In July 2016, the import price index changed by -0.8% compared to June 2016 and by -3.4% compared to July 2015.
In July, compared to the previous month, the prices of electricity, oil products and furniture decreased more than average, while the prices of agricultural products, building materials and other manufacturing products increased more than average.