In October producer prices increased compared to the previous month

News
Posted on 20 November 2009, 10:00
According to Statistics Estonia, in October 2009 the producer price index increased 0.1% compared to September and decreased 2.2% compared to October 2008.

In October compared to the previous month the producer price index was more than average influenced by the increase in prices in the manufacture of wood products and by the decrease in prices in the manufacture of food products. Compared to October 2008 the prices increased most in energy supply and mining.

Change in the producer price index by economic activity, October 2009
Economic activity September 2009 –
October 2009, %
October 2008 –
October 2009, %
TOTAL 0.1 -2.2
Energy supply 0.4 3.5
Mining 0.3 3.5
Manufacturing 0.0 -3.0

In October 2009 the export price index decreased 0.1% compared to September 2009 and 4.5% compared to October 2008.

In October compared to the previous month, the export price index was more than average influenced by the decrease in prices in the manufacture of food products and beverages, and in the manufacture of wearing apparel and by the increase in prices in the manufacture of building materials and chemical products.

In October 2009 the import price index decreased 1.2% compared to September 2009 and 7.6% compared to October 2008.

In October compared to the previous month, the import price index was more than average influenced by the decrease in prices of mineral fuels, food products and rubber and plastic products.