Analytics, Industry, Lithuania, Markets and Companies

Figure 1. Changes in prices for industrial production sold over a month

* Revised data. 

In June 2009, against May, the overall price change was mostly influenced by a 14.6% price rise for refined petroleum products, 15.8% – crude petroleum, 1.0% – metallic products, except for machinery and equipment, as well as by a 3.2% price drop for chemicals and chemical products, 4.3% – steam and air conditioning supply, 5.1% – wearing apparel.  

Prices for products sold on the domestic market over a month grew by 0.1%. It was mostly influenced by a 9.7% increase in prices for refined petroleum products, 1.6% – metallic products, except for machinery and equipment, 1.4% – wood and wood products, except for furniture, 6.7% – electrical equipment, as well as by a 4.3% decrease in prices for steam and air conditioning supply, 7.6% – chemicals and chemical products, 0.5% – food products, 2.4% – furniture. In the group of food products, the most noticeable price drop was observed for grain mill products – 2.8%, bread and fresh pastry goods – 2.3%, milk products (excluding ice-cream) – 2.0%, poultry – 1.8%, other meat – 1.2%; while ice-cream went up in price by 8.2%, sugar – 5.7%, condiments and seasoning – 3.8%. Refined petroleum products excluded, prices for products sold on the domestic market decreased by 0.9%.

Prices for exported products in June 2009, against May, increased by 4.4%. It was mostly influenced by a 16.1% price rise for refined petroleum products, 16.3% – crude petroleum, 9.5% – beverages, as well as by a 5.8% price drop for wearing apparel, 1.8% – chemicals and chemical products, 5.7% – machinery and equipment n.e.c. Refined petroleum products industry excluded, prices of exported products decreased by 1.0%. 

Over a year (June 2009, against June 2008), prices for total industrial production sold decreased by 16.7%.  

Figure 2. Changes in prices for industrial production sold, against the respective month of the previous year

* Revised data. 

Changes in prices for industrial production sold, June 2009, %