International Trade in Goods Price Indices - January 2025

Export prices
In month-on-month comparison, export prices increased by 0.2% (after exchange rate adjustment decreased by 0.1%). The prices increased in ‘products of agriculture, hunting and related services’, ‘coke and refined petroleum products’ and in ‘products of forestry, logging and related services’, by 3.6%, 3.0% and 1.9%, respectively. Significantly, prices decreased in ‘electricity, gas, steam and air conditioning’ and in ‘other manufactured goods’, by 7.6% and 4.5%, respectively.

In year-on-year comparison, export prices increased by 4.0% (after exchange rate adjustment by 1.9%). Significantly, prices increased in ‘electricity, gas, steam and air conditioning’, ‘wood and of products of wood and cork, except furniture’ and in ‘basic pharmaceutical products and pharmaceutical preparations’, by 32.3%, 9.2% and 7.4%, respectively. Significantly, prices decreased in ‘waste collection, treatment and disposal services’ and in ‘coke and refined petroleum products’, by 6.4% and 4.2%, respectively.

Import prices
In month-on-month comparison, import prices increased by 0.6% (after exchange rate adjustment by 0.4%). The prices increased significantly in ‘coke and refined petroleum products’, ‘electricity, gas, steam and air conditioning’ and in ‘crude petroleum and natural gas’, by 7.0%, 4.1% and 2.1%, respectively. The prices decreased in ‘paper and paper products’ and in ‘other manufactured goods’, by 1.4% and 1.3%, respectively.

In year-on-year comparison, import prices increased by 3.9% (after exchange rate adjustment by 1.8%). The prices increased significantly in ‘electricity, gas, steam and air conditioning’, ‘crude petroleum and natural gas’ and in ‘food products’, by 22.3%, 11.2% and 9.4%, respectively. The prices decreased in ‘other manufactured goods’ and in ‘coke and refined petroleum products’, by 1.9% and 0.7%, respectively.

“In January the prices of export and import were affected by weakening of the exchange rate of Czech Koruna to Euro and US Dollar. The month-on-month export prices increased by 0.2% and import prices increased by 0.6%. In year-on-year comparison export prices increased by 4.0% and import prices increased by 3.9”, Vladimír Klimeš, Head of the Industrial and International Trade Prices Statistics Unit of the Czech Statistical Office, noted.

The terms of trade
In month-on-month comparison, the terms of trade reached the value of 99.6% (99.8% in December). Significant negative value reached especially ‘electricity, gas, steam and air conditioning’ (88.7%) and positive value reached ‘paper and paper products’ (101.9%).

In year-on-year comparison, the terms of trade reached the value of 100.2% (101.4% in December). Significant positive value reached ‘electricity, gas, steam and air conditioning’ (108.2%) and negative value reached ‘food products’ (93.6%).