Producer price indices decreased in June compared to the previous month

News
Posted on 20 July 2010, 11:00

According to Statistics Estonia, in June 2010 the producer price index decreased by 0.1% compared to May and increased by 3.9% compared to June of the previous year.

In June compared to the previous month, the producer price index was more than average influenced by the decrease in prices in the manufacture of chemicals and chemical products as well as by the increase in prices in the production of wood and wood products. Compared to June 2009, prices increased the most in the production of wood and wood products and in the production of metal products.

Change in the producer price index by economic activity, June 2010
Economic activity May 2010 –
June 2010, %
June 2009 –
June 2010, %
TOTAL -0.1 3.9
Energy supply 0.0 4.2
Mining 0.0 -0.4
Manufacturing -0.1 4.1

In June 2010 the export price index decreased by 0.5% compared to May 2010 and increased by 6.6% compared to June of the previous year.

In June compared to the previous month, the export price index was more than average influenced by the decrease in prices in the manufacture of metals and in the extraction of peat as well as by the increase in prices in the manufacture of rubber and plastic products and in the manufacture of wood products.

In June 2010 the import price index decreased by 0.6% compared to May 2010 and increased by 9.5% compared to June of the previous year.

In June compared to the previous month, the import price index was more than average influenced by the decrease in the prices of mineral fuels and by the increase in the prices of agricultural products and electrical machinery and equipment.