The producer price index of industrial output decreased in June

According to Statistics Estonia, in June 2014, the producer price index of industrial output changed by –0.2% compared to May 2014 and by –3.1% compared to June 2013.

In June, 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, in mining and in the manufacture of food products, but also by an increase in prices in the manufacture of fuel oils, chemicals and chemical products.

Compared to June 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 and wood products.

Change in the producer price index of industrial output by economic activity, June 2014
Economic activity according to EMTAK 2008 June 2014 –
May 2014, %
June 2014 –
June 2013, %
TOTAL -0.2 -3.1
Manufacturing -0.1 -0.4
Mining -4.7 -3.7
Electricity, gas, steam and air conditioning supply -0.2 -23.1
Water supply; sewerage; waste management and remediation activities 0.0 0.8

In June 2014, the export price index changed by 0.4% compared to May 2014 and by –1.9% compared to June 2013.

In June, compared to the previous month, the prices of oil products, wood and wood products and metals increased more than average, whereas the prices of beverages, electricity, textiles and food products decreased more than average.

In June 2014, the import price index changed by 0.1% compared to May 2014 and by –1.2% compared to June 2013.

In June, compared to the previous month, the prices of electricity, oil products and metals increased more than average, whereas the prices of agricultural products, leather products and building materials decreased more than average.

Source: Statistics Estonia

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