Industrial producer price index continues to rise in November ({{commentsTotal}})

The producer price index decreased by 0.6 percent in December 2017.
The producer price index decreased by 0.6 percent in December 2017. Source: (Eesti Meedia/Scanpix)

According to Statistics Estonia, in November 2017 the producer price index of Estonia's industrial output changed by 0.3 percent compared to October, and by 3.3 percent compared to the same period of the previous year.

Compared to the previous month, the producer price index was affected more than average by an increase in prices in the production of electronic equipment and fuel oils, but also by a decrease in prices in the production of beverages and wood products.

Compared to November 2016, the index was affected more than average by an increase in prices in the production of electronic equipment, dairy products, and fuel oils, but also by a decrease in prices of electricity, gas, steam, and air conditioning supply.

In November 2017 the export price index changed by 0.4 percent compared to October and by 5.3 percent compared to November 2016.

Compared to the previous month, the prices of oil, pharmaceutical, and forestry products increased more than average, while the prices of parts and accessories for motor vehicles and chemical products decreased.

In November 2017 the import price index changed by 0.7 percent compared to October and by 4.0 percent compared to November 2016.

Compared to the previous month, the prices of oil products, fashion apparel, and chemical products increased above average while the prices of forestry products, paper and paper products, and motor vehicles decreased.

Editor: Dario Cavegn

Source: Statistics Estonia



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