The producer price index of industrial output decreased in February

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According to Statistics Estonia, in February 2014, the producer price index of industrial output changed by -0.4% compared to January 2014 and by –0.9 % compared to February 2013.

In February, compared to the previous month, the producer price index was more than average influenced by the decrease in prices in electricity, gas, steam and air conditioning supply and in the manufacture of building materials as well as by the increase in prices in the manufacture of wood products.

Compared to February 2013, the producer price index was more than average influenced by the decrease in prices in electricity, gas, steam and air conditioning supply, in the manufacture of electronic equipment and in mining as well as by the increase in prices in the manufacture of wood products .

Change in the producer price index of industrial output by economic activity, February 2014

Economic activity according to EMTAK 2008February 2014 –
January 2014, %
February 2014 –
February 2013, %
TOTAL-0.4-0.9
Manufacturing0.40.2
Mining2.7-11.4
Electricity, gas, steam and air conditioning supply-9.3-6.9
Water supply; sewerage; waste management and remediation activities0.01.0

In February 2014, the export price index changed by 0.3% compared to January 2014 and by –2.3% compared to February 2013.

In February, compared to the previous month, the prices of oil products, timber and wood products increased more than average and the prices of electricity, building materials and food products decreased more than average.

In February 2014, the import price index changed by -0.6% compared to January 2014 and by –2.7% compared to February 2013.

In February, compared to the previous month, the prices of electricity, wearing apparel and electronic equipment decreased more than average and the prices of building materials, wood and wood products increased more than average.

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