Producer price indices increased in April

According to Statistics Estonia, in April 2011 the producer price index of industrial output changed by 0.9% compared to March and by 5.2% compared to April of the previous year.

 

In April compared to the previous month, the producer price index was more than average influenced by the increase in prices in the production of food and metal products and by the decrease in the prices of electrical apparatus. Compared to April 2010, the index was more than average influenced by the increase in prices in the production of food and metal products.

Change in the producer price index of industrial output by economic activity, April 2011
Economic activity March 2011 –
April 2011, %
April 2010 –
April 2011, %
TOTAL 0.9 5.2
Energy supply 0.3 1.1
Mining -0.9 -0.7
Manufacturing 1.1 5.9

In April 2011 the export price index increased by 0.2% compared to March 2011 and by 10.5% compared to April of the previous year.

In April compared to the previous month, the export price index was more than average influenced by the increase in the prices of metals, chemical products and mineral fuels and by the decrease in the prices of electrical apparatus and peat products.

In April 2011 the import price index increased by 1.1% compared to March 2011 and by 12.4% compared to April of the previous year.

In April compared to the previous month, the import price index was more than average influenced by the increase in the prices of mineral fuels, chemical products, metals and wood products.

Source: Statistics Estonia

 

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US Secret Service opens office in Tallinn

The U.S. Secret Service on Friday officially opened its office in the Estonian capital Tallinn. Ambassador Michael C. Polt said at the opening that the office, which is the first in the Baltic region, will strengthen the international network of the Secret Service. Although the name of the agency is Secret Service it is not secret, he quipped.

The Tallinn office of the Secret Service will engage in co-operation to combat cyber crime, but this will not be its only task, the ambassador said.

Estonia’s Justice Minister Kristen Michal said the co-operation between U.S. and Estonian law enforcement agencies will become closer after the opening of the office. Both countries have great common interest in combating cyber crime, he noted.

Visiting Secret Service Assistant Director A.T. Smith said the opening of the office does not bring changes to Estonian and U.S. authorities’ co-operation to fight cyber crime. The Secret Service has worked together with the Estonian authorities before but now “we’re only a phone call away,” he pointed out.

Smith acknowledged that one of the reasons why Estonia was chosen for the location of the office is that criminals from this Baltic state are connected with a number of solved international cyber crimes and bank frauds. As a second reason, he named Estonia’s information technology-related progress, describing the country as the Baltic Silicon Valley.

The Secret Service will work closely together with its Estonian, Latvian and Lithuanian law enforcement colleagues in criminal investigation.

The U.S. embassy earlier said that Estonia was selected as the site for the new Secret Service office “due to both the investigative nexus it provides in combating cyber and financial crimes, as well as the opportunity it provides the agency in the fulfilment of its protective duties within the region.”

The Secret Service is one of the oldest federal law enforcement agencies in the United States, established as early as 1865. It is best known as the agency responsible for protecting the president of the United States. At the same time it has other duties, such as combating crime directed against the financial infrastructure of the United States, including counterfeiting of banknotes and treasury checks, and cyber crime.

Source: Estonian Review

New video of abducted Estonians

Late last night a new video clip containing an appeal from the seven Estonian citizens abducted in Lebanon was received. It was most likely filmed on 16 May. The video clip reveals that all the Estonians are alive and well as they make an appeal intended to put pressure on the Estonian government. No concrete demands or requirements for resolving the situation are made in the video. The Estonian government continues to work together with the Lebanese authorities and its other partners to free the abducted Estonian citizens.

The video can be viewed at the following link: http://www.4shared.com/video/PHBLlik6/0000.html

Source: Estonian Review