The producer price index of industrial output decreased in May

News
Posted on 20 June 2016, 11:00
According to Statistics Estonia, in May 2016, the producer price index of industrial output changed by -0.2% compared to April 2016 and by -1.8% compared to May 2015.

In May, compared to the previous month, the producer price index was more than average influenced by a decrease in prices in the manufacture of electronic equipment and wood products, but also by an increase in prices in the manufacture of fuel oils and food products.

Compared to May 2015, 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 chemicals and chemical products, but also by an increase in prices in the manufacture of electronic equipment and in mining and quarrying.

Change in producer price index of industrial output by economic activity, May 2016
Economic activity according to EMTAK 2008 May 2016 – April 2016, % May 2016 – May 2015, %
TOTAL -0.2 -1.8
Manufacturing -0.2 -1.2
Mining and quarrying 2.1 5.9
Electricity, gas, steam and air conditioning supply -0.8 -12.9
Water supply; sewerage, waste management and remediation activities 0.0 3.4

In May 2016, the export price index changed by 0.1% compared to April 2016 and by -3.0% compared to May 2015.

In May, compared to the previous month, the prices of oil products, peat products and building materials increased more than average, while the prices of electricity, plastic products and electronic equipment decreased more than average.

In May 2016, the import price index changed by 0.9% compared to April 2016 and by -5.1% compared to May 2015.

In May, compared to the previous month, the prices of oil products, chemical products and metals increased more than average, while the prices of agricultural products, electricity and leather products decreased more than average.