The producer price index of industrial output increased in July

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According to Statistics Estonia, in July 2014, the producer price index of industrial output changed by 0.6% compared to June 2014 and by –0.4% compared to July 2013.

In July, compared to the previous month, the producer price index was more than average influenced by a increase in prices in electricity, gas, steam and air conditioning supply, but also by a decrease in prices in mining and in the manufacture of electrical and electronic equipment for motor vehicles.

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

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

Economic activity according to EMTAK 2008July 2014 –

June 2014, %

July 2014 –

July 2013, %

TOTAL0.6-0.4
Manufacturing0.0-0.4
Mining-4.2-9.6
Electricity, gas, steam and air conditioning supply9.03.7
Water supply; sewerage; waste management and remediation activities0.00.8

In July 2014, the export price index changed by –0.1% compared to June 2014 and by –1.6% compared to July 2013.

In July, compared to the previous month, the prices of agricultural products, parts and accessories for motor vehicles, and wood and wood products decreased more than average, whereas the prices of electricity, textiles and paper and paper products increased more than average.

In July 2014, the import price index changed by 0.3% compared to June 2014 and by –0.3% compared to July 2013.

In July, compared to the previous month, the prices of electricity, oil products and wearing apparel increased more than average, whereas the prices of agricultural products, leather products and paper and paper products decreased more than average.

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