Analytics, Estonia, Foodstuff, Markets and Companies, Statistics
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Saturday, 20.04.2024, 10:38
Producer prices in Estonia affected the most by falling dairy prices in April
According to Eveli Šokman, leading analyst
at Statistics Estonia, in April compared to March 2020, the producer price
index was affected more than average by price decrease in the production of
dairy products. “The index was also affected by price decrease in mining and
quarrying, electricity and heat energy supply and in the production of
chemicals and fuel oils. At the same time, prices increased in the production
of electronic equipment and manufacture of wood products,” added Šokman.
Compared to April 2019, the index was affected the most by price decrease
in electricity and heat energy supply. Price decrease in the manufacture of
electronic equipment and fuel oils as well as price increase in the manufacture
of metal and textile products had a higher-than-average impact on the index.
Change in producer price index of industrial output by economic activity,
April 2020 |
||
Economic activity according to EMTAK 2008 |
March 2020 –
April 2020, % |
April 2019 – April
2020, % |
TOTAL |
-0.3 |
-4.4 |
Manufacturing |
-0.1 |
-2.8 |
Mining and
quarrying |
-3.2 |
2.4 |
Electricity, gas, steam and air conditioning
supply |
-1.5 |
-27.7 |
Water supply; sewerage, waste management and
remediation activities |
0.0 |
-9.0 |
Compared to March
2020, the export price index fell by 1.9%. The prices of oil products,
electricity and chemical products decreased the most, while the prices of
textile products, wood products and parts and accessories for motor vehicles
increased. Compared to April 2019, the export price index decreased by 8.9%.
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