The decrease in the producer price index of industrial output continued in March
According to Statistics Estonia, in March 2014, the producer price index of industrial output changed by -0.9% compared to February 2014 and by -2.6% compared to March 2013.
In March, 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 electronic equipment and wood products but also by an increase in prices in mining.
Compared to March 2013, 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 electronic equipment but also by an increase in prices in the manufacture of wood products.
| Economic activity according to EMTAK 2008 | March 2014 – February 2014, % | March 2014 – March 2013, % |
|---|---|---|
| TOTAL | -0.9 | -2.6 |
| Manufacturing | -0.7 | -0.6 |
| Mining | 8.5 | -1.1 |
| Electricity, gas, steam and air conditioning supply | -6.5 | -20.3 |
| Water supply; sewerage; waste management and remediation activities | 0.0 | 1.0 |
In March 2014, the export price index changed by -0.7% compared to February 2014 and by -3.1% compared to March 2013.
In March, compared to the previous month, the prices of electricity and oil products decreased more than average, whereas the prices of agricultural, pharmacy and food products increased more than average.
In March 2014, the import price index changed 0.0% compared to February 2014 and by -3.2% compared to March 2013.
In March, compared to the previous month, the prices of electricity, timber and metals decreased more than average, whereas the prices of wearing apparel, leather products, footwear and electronic equipment increased more than average.