In November, the producer price index of industrial output continued to decrease

news release no 146

According to Statistics Estonia, in November 2014, the producer price index of industrial output changed by -0.7% compared to October 2014 and by -2.3% compared to November 2013.

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

Compared to November 2013, the producer price index was more than average influenced by a decrease in prices in the manufacture of electronic products and in electricity, gas, steam and air conditioning supply, but also by an increase in prices in the manufacture of metal products and in mining.

Change in the producer price index of industrial output by economic activity, November 2014
Economic activity according to EMTAK 2008 November 2014 –
October 2014, %
November 2014 –
November 2013, %
TOTAL -0.7 -2.3
Manufacturing -0.4 -1.8
Mining 8.7 7.0
Electricity, gas, steam and air conditioning supply -7.3 -10.3
Water supply; sewerage; waste management and remediation activities 0.2 2.9

In November 2014, the export price index changed by -0.9% compared to October 2014 and by -3.2% compared to November 2013.

In November, compared to the previous month, the prices of electricity, oil products, beverages and wearing apparel decreased more than average, while the prices of agricultural products and furniture increased more than average.

In November 2014, the import price index changed by -1.0% compared to October 2014 and by -5.7% compared to November 2013.

In November, compared to the previous month, the prices of electricity, oil products, agricultural and leather products decreased more than average, while the prices of textile products and metals increased more than average.

For further information:

Eveli Šokman
Leading Statistician-Methodologist
Economic and Environmental Statistics Department
Statistics Estonia
Tel. +372 625 9241

More detailed data have been published in the Statistical Database.