Producer price indices increased in July

According to Statistics Estonia, in July 2011 the producer price index of industrial output changed by 0.2% compared to June and by 5.2% compared to July of the previous year.

In July compared to the previous month, the producer price index was more than average influenced by the increase in prices in the production of food products, production of steam and hot water for heating and wood products.

Compared to July 2010, the biggest increase in prices was in the production of food products and refined petroleum products.

Change in the producer price index of industrial output by economic activity, July 2011
Economic activity	June 2011 – July 2011, %	July 2010 – July 2011, %
TOTAL	0.2	5.2
Energy supply	0.6	3.4
Mining	-0.7	-0.7
Manufacturing	0.2	5.7

In July 2011 the export price index increased by 1.4% compared to June 2011 and by 11.9% compared to July of the previous year.

In July compared to the previous month, the prices of mineral fuels, food and food products, plastic products and leather products increased more than average, and the prices of metals and wearing apparel decreased more than average.

In July 2011 the import price index increased by 0.2% compared to June 2011 and by 10.9% compared to July of the previous year.

In July compared to the previous month, the prices of machinery and equipment, wearing apparel and metal products increased more than average, and the prices of agricultural products, leather products and chemical and plastic products decreased more than average.

For further information:

Eveli Šokman
Head of Price Statistics Service
Statistics Estonia
Tel +372 625 9241

More detailed data have been published in the Statistical Database.