News
Friday - 29 June 2012
No. 123/2012
Producer prices decrease by 2.5% from previous month
The producer price index (PPI) in May 2012 was 219.1 points (4. quarter 2005 = 100), 2.5% lower than in the previous month. The PPI for fish products was 273.3 points which is 1.7% lower than in April 2012 (effect on the index -0.6%) and the PPI for power intensive industry products was 237.4 points, 5.0% lower (-1.9%). The PPI for food products increased by 0.2% and the PPI for other manufactured products declined by 0.5%.
The PPI for domestically sold products was 0.1% higher than in the previous month while the index for exported products declined by 3.3% (-2.5%).
Compared to May 2011 the PPI has increased by 1.0%. The PPI for fish products rose by 9.6% and the PPI for power intensive industry products decreased by 12.3%. In the same period the PPI for food products rose by 5.3%.
| Monthly changes (%) | ||||||
| Power | ||||||
| intensive | ||||||
| Marine | industry | Food | Domestic | Exported | ||
| PPI | products | products | production | sales | products | |
| 2011 | ||||||
| May | 1.6 | 0.8 | 4.6 | 0.3 | 0.5 | 1.9 |
| June | 0.5 | 1.8 | -1.6 | 1.1 | -0.1 | 0.7 |
| July | 0.2 | 0.2 | -0.5 | 1.5 | 1.5 | -0.2 |
| August | -0.8 | 0.5 | -2.9 | 1.5 | 1.2 | -1.3 |
| September | -0.6 | 0.2 | -2.6 | 1.2 | 1.2 | -1.2 |
| October | -1.1 | 1.8 | -4.5 | -0.7 | 0.0 | -1.3 |
| November | -0.9 | 0.5 | -4.0 | 0.2 | 0.9 | -1.5 |
| December | 0.1 | 1.9 | -1.6 | -0.4 | -0.2 | 0.2 |
| 2012 | ||||||
| January | 1.1 | 1.6 | 0.4 | 0.2 | 1.0 | 1.1 |
| February | 1.9 | -0.8 | 5.2 | 0.0 | 0.3 | 2.4 |
| March | 2.7 | 2.2 | 4.5 | -0.2 | 0.7 | 3.3 |
| April | 0.5 | 1.2 | 0.0 | 0.6 | 0.5 | 0.5 |
| May | -2.5 | -1.7 | -5.0 | 0.2 | 0.1 | -3.3 |
| Annual changes (%) | ||||||
| Power | ||||||
| intensive | ||||||
| Marine | industry | Food | Domestic | Exported | ||
| PPI | products | products | production | sales | products | |
| 2011 | ||||||
| May | 6.3 | 11.4 | 2.5 | 4.9 | 5.2 | 6.3 |
| June | 13.0 | 14.6 | 14.1 | 5.8 | 5.7 | 15.0 |
| July | 17.1 | 15.0 | 23.6 | 6.9 | 7.6 | 19.8 |
| August | 17.2 | 19.4 | 20.7 | 8.7 | 7.5 | 20.0 |
| September | 13.9 | 15.3 | 13.2 | 10.1 | 9.4 | 15.1 |
| October | 12.8 | 16.3 | 10.4 | 8.0 | 7.8 | 14.1 |
| November | 8.4 | 16.2 | -2.5 | 7.7 | 9.6 | 8.0 |
| December | 6.7 | 18.4 | -6.4 | 7.3 | 8.0 | 6.3 |
| 2012 | ||||||
| January | 5.7 | 16.3 | -8.1 | 7.5 | 9.4 | 4.6 |
| February | 4.9 | 12.7 | -6.5 | 6.4 | 8.4 | 3.9 |
| March | 6.4 | 12.9 | -3.9 | 5.0 | 8.2 | 5.9 |
| April | 5.3 | 12.4 | -3.4 | 5.4 | 7.7 | 4.5 |
| May | 1.0 | 9.6 | -12.3 | 5.3 | 7.4 | -0.8 |
In evaluating the price changes accounted for here, it may be taken into consideration that the trade-weighted average price of foreign exchange in May 2012 was 1.8% lower than in the preceding month but 2.6% higher than in May 2011.
Statistics