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International Internet Magazine. Baltic States news & analytics Saturday, 05.12.2020, 19:24

Prices for the industrial production in Lithuania by 1.1% in September

Regina Burneikienė , Statistics Lithuania, Vilnius, 09.10.2020.Print version
In September 2020, against August, prices for the total industrial production sold decreased by 1.1%, refined petroleum products excluded – increased by 0.4 %. The overall price change was influenced by a decrease in prices for refined petroleum products, as well as by an increase in prices for electricity, gas, steam and air conditioning supply.

    Over the month, prices for industrial production sold on the Lithuanian market decreased by 0.3%, refined petroleum products excluded – increased by 0.5%. The most significant decrease in prices was recorded for refined petroleum products (6.5 per cent). The largest increase in prices was observed for electricity, gas, steam and air conditioning supply (2.7%). Food products increased by 0.7%. A significant increase in prices was observed for condiments and seasonings – 7.4%, oils and fats – 6.6 per cent, processed and preserved fruit, berries and vegetables – 4.8%, while sugar went down in price – 2.3%, fruit, berries and vegetable juice – 2, processed and preserved poultry meat – 1.8 per cent. Over the month, prices for industrial production sold on the non-Lithuanian market decreased by 1.6%, refined petroleum products excluded – increased by 0.4%.


    Over the month, the overall price change for industrial production sold on the euro area market decreased by 2.9%, on the non-euro area market – 0.8%



    Over the year (September 2020, against September 2019), prices for the total industrial production sold decreased by 10.2%, refined petroleum products excluded – 2.3%.


    Over the year, prices for industrial production sold on the Lithuanian market decreased by 7.2%, refined petroleum products excluded – 2%.


    Over the year, prices for industrial production sold on the non-Lithuanian market decreased by 12.3%, refined petroleum products excluded – 2.5%.


    Over the year, prices for industrial production sold on the euro area market decreased by 11.5%, on the non-euro area market – 12.7%.


Changes in prices for industrial production sold, September 2020, %

Economic activity

Relative share (weight) in total industrial production

Price growth, drop (–)
September 2020, against

August 2020

2019

December

September

Total industrial production sold

100.0

1.1

10.1

10.2

Mining and quarrying

0.9

0.0

1.6

1.2

Manufacturing

92.0

–1.4

–11.1

–11.1

Manufacture of refined petroleum products

21.3

–9.2

–40.4

–40.0

Electricity, gas, steam and air conditioning supply

6.4

2.7

1.3

–1.0

Water supply; sewerage, waste management and remediation activities

0.7

2.2

2.7

3.8

Total industrial production, refined petroleum products excluded

78.7

0.4

1.9

2.3

Manufacturing production, refined petroleum products excluded

70.7

0.2

–2.3

–2.5

Total industrial production sold on the Lithuanian market

100.0

0.3

7.3

7.2

Mining and quarrying

1.6

–0.6

–0.5

–0.3

Manufacturing

81.8

–0.9

–9.2

–8.7

Manufacture of refined petroleum products

15.5

–6.5

–38.4

–36.5

Electricity, gas, steam and air conditioning supply

15.5

2.7

1.3

–1.0

Water supply; sewerage, waste management and remediation activities

1.1

1.4

4.5

5.9

Total industrial production sold on the Lithuanian market, refined petroleum products excluded

84.5

0.5

1.6

2.0

Manufacturing production, refined petroleum products excluded

66.3

0.0

–2.4

–2.3

Total industrial production sold on the non-Lithuanian market

100.0

1.6

12.0

12.3

Mining and quarrying

0.5

1.1

6.0

4.4

Manufacturing

99.1

–1.7

–12.2

–12.4

Manufacture of refined petroleum products

25.3

–10.4

–41.2

–41.4

Electricity, gas, steam and air conditioning supply

-

-

-

-

Water supply; sewerage, waste management and remediation activities

0.4

3.8

–0.7

–0.1

Total industrial production sold on the non-Lithuanian market, refined petroleum products excluded

74.7

0.4

2.2

2.5

Manufacturing production, refined petroleum products excluded

73.8

0.3

–2.2

–2.5

Total industrial production sold on the euro area market

100.0

2.9

13.4

11.5

Total industrial production sold on the non-euro area market

100.0

0.8

11.1

12.7

______________________
- Such a phenomenon (indicator) was not observed during the respective period.


More detailed information on the greatest influence on the change in prices for industrial production sold by economic activity is provided in the Table Influence on the monthly change in prices for industrial production sold (XLSX).


A press release on the October 2020 PPI is due on 11 November 2020.


More information on the issue is available in the Database of Indicators.


Statistical information is produced and disseminated pursuant to the European Statistics Code of Practice.






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