Producer price index increased in April
According to Statistics Estonia, in April 2019, the change in the producer price index of industrial output was 0.7% compared to March 2019 and 1.6% compared to April 2018.
In April, compared to the previous month, the producer price index was affected more than average by a price increase in the manufacture of electronic equipment, in electricity supply, in the manufacture of chemicals and chemistry products and fuel oils, but also by a price decrease in the manufacture of electrical equipment and in mining and quarrying.
Compared to April 2018, the index was affected more than average by a price increase in the electricity and heat energy supply, in the manufacture of food products, fuel oils and wood products. Price decrease in the manufacture of electronic equipment also had an impact.
| Economic activity according to EMTAK 2008 | March 2019 – April 2019, % | April 2018 – April 2019, % |
|---|---|---|
| TOTAL | 0.7 | 1.6 |
| Manufacturing | 0.6 | 0.5 |
| Mining and quarrying | -0.8 | 5.2 |
| Electricity, gas, steam and air conditioning supply | 2.5 | 7.0 |
| Water supply; sewerage, waste management and remediation activities | 0.0 | 0.0 |
In April 2019, the export price index increased by 1.3% compared to March 2019 and by 2.0% compared to April 2018.
In April, compared to the previous month, the prices of petroleum products, electricity and electronic equipment increased more than average, while the prices of forest products, leather products and footwear and metals decreased.
In April 2019, the import price index increased by 0.5% compared to March 2019 and by 1.5% compared to April 2018.
In April, compared to the previous month, the prices of electricity, petroleum products and chemical products increased more than average, while the prices of agricultural and wood products, paper and paper products decreased.
The statistics are based on the questionnaires “Producer price”, ”Export price” and “Import price”, the deadline of which was 6 May 2019. Statistics Estonia published the monthly summary in nine 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.