The producer price index of industrial output decreased in August

According to Statistics Estonia, in August 2014, the producer price index of industrial output changed by -0.1% compared to July 2014 and by -1.0% compared to August 2013.

In August, 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 fuel oils, but also by an increase in prices in mining.

Compared to August 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 and metal products.

Change in the producer price index of industrial output by economic activity, August 2014
Economic activity according to EMTAK 2008 August 2014 –
July 2014, %
August 2014 –
August 2013, %
TOTAL -0.1 -1.0
Manufacturing 0.0 -0.1
Mining 10.5 1.3
Electricity, gas, steam and air conditioning supply -5.7 -9,7
Water supply; sewerage; waste management and remediation activities 0.2 1.0

In August 2014, the export price index changed by -0.5% compared to July 2014 and by -2.6% compared to August 2013.

In August, compared to the previous month, the prices of electricity, agricultural and oil products decreased more than average, whereas the prices of parts and accessories for motor vehicles, and wood and wood products increased more than average.

In August 2014, the import price index changed by -0.7% compared to July 2014 and by -1.5% compared to August 2013.

In August, compared to the previous month, the prices of electricity, oil products and agricultural products decreased more than average, whereas the prices of leather products, wearing apparel and paper and paper products increased more than average.

Source: Statistics Estonia

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