The producer price index of industrial output decreased in December

According to Statistics Estonia, in December 2014, the producer price index of industrial output changed by -0.4% compared to November 2014 and by -1.6% compared to December 2013.

In December, compared to the previous month, the producer price index was more than average influenced by a decrease in prices in the manufacture of fuel oils and chemical products, but also by an increase in prices in electricity, gas, steam and air conditioning supply and in the manufacture of electronic products.

Compared to December 2013, the producer price index was more than average influenced by a decrease in prices in the manufacture of electronic products and fuel oils , but also by an increase in prices in the manufacture of metal products.

Change in the producer price index

of industrial output by economic activity,

December 2014

Economic activity

according to EMTAK 2008

December 2014 –
November 2014, %
Dec. 2014 –
Dec. 2013, %
TOTAL -0.4 -1.6
Manufacturing -0.6 -1.8
Mining -3.3 0.3
Electricity, gas, steam

and air conditioning supply

2.7 -0.8
Water supply; sewerage;

waste management and remediation activities

0.0 2.9

In December 2014, the export price index changed by -2.2% compared to November 2014 and by -5.1% compared to December 2013.

In December, compared to the previous month, the prices of oil products, agricultural products and chemical products decreased more than average, while the prices of electricity, furniture and electronic products increased more than average.

In December 2014, the import price index changed by -1.9% compared to November 2014 and by -3.8% compared to December 2013.

In December, compared to the previous month, the prices of oil products, agricultural products, building materials and chemical products decreased more than average, while the prices of electricity, footwear and leather products increased more than average.

Source: Statistics Estonia
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