Analytics, Industry, Lithuania, Markets and Companies

This was conditioned by a 0.6% decrease in prices for refined petroleum products, 3.4% – metallic products, except for machinery and equipment, 2.3% – other non-metallic mineral products, as well as by a 0.9% increase in prices for food products, 1.9% – gas, 0.8% – chemicals and chemical products. Refined petroleum products excluded, prices for industrial production sold increased by 0.2%.

Prices for products sold on the domestic market over a month grew by 0.1%. It was mostly influenced by a 1.9% increase in prices for gas, 0.7% – food products, 0.9% – refined petroleum products, 3.1% – chemicals and chemical products, as well as by a 7.4% decrease in prices for metallic products, except for machinery and equipment, 2.8% – other non-metallic mineral products, 2.2% – beverages. As regards the food products, the greatest price increase was observed for grain mill products – 14.7%, prepared feeds for farm animals – 6.2%, while prices for ice-cream dropped by 5.7%, sugar – 2.3%. Refined petroleum products excluded, prices for total industrial production sold on the domestic market dropped by 0.1%.

Prices for exported products in August 2010, compared to July, dropped by 0.1%. This was mostly influenced by a 1% decrease in prices for refined petroleum products, 2.3% – wearing apparel, as well as by a 1.3% increase in prices for food products, 3.4% – motor vehicles, trailers and semi-trailers, 1.4% – rubber and plastic products, 2.1% – metallic products, except for machinery and equipment. Refined petroleum products excluded, prices for exported products grew by 0.6%.

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

Over a year (August 2010, compared to August 2009) prices for total industrial production sold grew by 9.1%, refined petroleum products excluded – 6.4%. The largest price rise was observed for base metals – 29.6%, chemicals and chemical products – 20.6%, crude oil – 19.2%, refined petroleum products – 17.1%, while tobacco products went down in price by 8.2%, electrical equipment – by 5.3%.

Prices for products sold on the domestic market over a year grew by 6.4%. The largest price rise was observed for crude oil – 24.1%, refined petroleum products – 18.3%, while motor vehicles, trailers and semi-trailers went down in price by 11.2%.

Prices for exported products over a year grew by 11.9%. The largest price rise was observed for base metals and chemicals and chemical products – 40.8% and 24.1% respectively, while prices for beverages and other non-metallic mineral products decreased by 19.2 and 13.5% respectively.

Figure 2. Changes in prices for industrial production sold over a year

* Revised data.

Changes in prices for industrial production sold, August 2010, %

-  – The phenomenon (indicator) was not observed in the period in question.