The producer price index of industrial production, which characterizes the change in prices of industrial products manufactured in Estonia for the domestic market and for export, decreased by 3.3% compared to November last year.
According to Estonian statistics, in November the index fell by 0.1% compared to October.
Compared to November 2022, the index was more affected by falling prices in the supply of electricity and thermal energy, wood processing and the production of wood and paper products. The opposite effect was exerted by the increase in prices in the production of electrical materials, industrial machinery and equipment and electronic equipment.
According to the chief analyst of the Estonian Statistical Office, Eveli Šokman, compared to October the index was mainly affected by the decline in prices of the production of heating oils, wood products and industrial machinery and equipment. “The index was also influenced by the increase in the production of electricity, plastic products and electronic equipment,” Šokman added.
Producer price index of construction production, export and import price index Author/source: Statistics Estonia
In November the export price index fell by 1.2% compared to October. The lowest prices were those of petroleum products, chemical and chemical products and agricultural products. The highest prices rose in the electricity, mining and clothing sectors.
Compared to November 2022, the export price index decreased by 3.5%.
In November the import price index decreased by 0.7% compared to October. The lowest prices were those of petroleum products, chemical and chemical products, as well as textiles and clothing. The highest prices are those of electricity, vehicles, paper and paper products.
Compared to November 2022, the import price index decreased by 3.5%.
2023-12-20 06:07:00
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