Producer price index decreases in December ({{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)

The producer price index of industrial output changed by -0.6 percent in December compared to November last year, and by 2.7 percent compared to December 2016, Statistics Estonia reported on Monday.

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

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

In December 2017, the export price index changed by -0.9 percent compared to November and by 2.9 percent compared to December 2016.

In December, compared to the previous month, the prices of pharmaceutical preparations, peat products and electronic equipment decreased more than average, while the prices of forestry products and metals increased.

In December 2017, the import price index changed by 0.0 percent compared to November and by 2.7 percent compared to December 2016.

In December, compared to the previous month, the prices of electricity, footwear and leather products, food products and metals decreased more than average, while the prices of forestry and agricultural products increased.

Editor: Dario Cavegn

Source: Statistics Estonia



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