Producer price indices increased in May

According to Statistics Estonia, in May 2008 the percentage change in the producer price index was 0.2% compared to April 2008 and 7.2% compared to May 2007.

In May compared to April 2008 the producer price index was mainly influenced by the increase in prices in the manufacture of building materials and in the manufacture of rubber and plastic products. Compared to May 2007 the prices increased mainly in the manufacture of food and beverages.Change in the producer price index by economic activity, May 2008

Economic activity April 2008 –
May 2008, %
May 2007 –
May 2008, %
TOTAL 0.2 7.2
Energy supply 0.1 14.2
Mining -0.4 12.7
Manufacturing 0.2 6.4

In May 2008 the percentage change in the export price index was 0.0% compared to April 2008 and 4.3% compared to May 2007.

In May compared to April the export price index was mainly influenced by the increase in prices in the manufacture of chemical products, rubber and plastic products and metal products and by the decrease in the manufacture of peat and peat products, food, textile products and wood and wood products.

In May 2008 the percentage change in the import price index was 1.5% compared to April 2008 and 6.2% compared to May 2007.

In May compared to April the import price index was mainly influenced by the increase in prices of mineral fuels, chemicals and chemical products and metal products and by the decrease in prices of agricultural products and wood and wood products.

Source: Statistics Estonia

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