The industrial producer price index increased in June

news release no 79

According to Statistics Estonia, in June 2018, the producer price index of industrial output changed by 0.7% compared to May and by 2.9% compared to June 2017.

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

Compared to June 2017, the index was affected more than average by an increase in prices in electricity, gas, steam and air conditioning supply and in the manufacture of fuel oils and wood products, but also by a decrease in prices in the manufacture of electronic equipment.
Change in producer price index of industrial output by economic activity, June 2018
Economic activity according to EMTAK 2008 May 2018 – June 2018, % June 2017 – June 2018, %
TOTAL 0.7 2.9
Manufacturing -0.4 1.3
Mining and quarrying -1.9 -6.8
Electricity, gas, steam and air conditioning supply 14.5 30.8
Water supply; sewerage, waste management and remediation activities 0.0 0.5

In June 2018, the export price index changed by 0.0% compared to May and by 2.5% compared to June 2017.

In June, compared to the previous month, the prices of electricity, textile and wood products increased more than average, while the prices of peat products, electronic equipment and rubber and plastic products decreased.

In June 2018, the import price index changed by 1.0% compared to May and by 4.3% compared to June 2017.

In June, compared to the previous month, the prices of electricity, chemical and wood products increased more than average, while the prices of fish products and footwear decreased.

The statistics are based on the questionnaires “Producer price”, ”Export price” and “Import price”, the deadline of which was 6 July 2018. Statistics Estonia published the monthly summary in ten working days. For the statistical activities “Producer price index of industrial output”, “Export price index” and “Import price index”, the main representative of public interest is the Ministry of Economic Affairs and Communications, commissioned by whom Statistics Estonia collects and analyses the data necessary for conducting the statistical activities.

For further information:

Eveli Šokman
Leading Analyst
Economic and Environmental Statistics Department
Statistics Estonia
Tel +372 625 9241

More detailed data have been published in the statistical database.