Producer price indices - May 2016
The fall in prices of agricultural producers continued
Publication Date: 16. 06. 2016
Product Code: 011047-16
In May 2016 compared with the previous month, agricultural producer prices went down by 2.0%. Industrial producer prices and prices of market services were both higher by 0.4% and 0.1%, respectively. Construction work prices stayed unchanged. In comparison to May 2015, agricultural producer prices were lower by 7.1% and industrial producer prices fell by 4.8%. Construction work prices grew by 1.0% and prices of market services increased by 0.2%.
Month-on-month comparison:
Agricultural producer prices decreased by 2.0%. Prices of potatoes (-7.7%), eggs (-5.6%), milk (-3.6%), poultry (-3.1%) and cereals (-2.4%) went down. Prices of pigs for slaughter went up by 0.8%.
Market services prices in the business sphere rose by 0.1% due to the price increasing of ‘postal and courier services’ (+5.6%). Market services prices excluding advertising services went up by 0.2%.
Prices of industrial producers went down by 4.8% (-4.7% in April). Prices decreased particularly in ‘coke, refined petroleum products’. Lower were prices in ‘chemicals and chemical products’ (-12.3%), ‘mining and quarrying’ (-7.1%) and ‘basic metals, fabricated metal products’ (-5.5%). Prices went down in ‘electricity, gas, steam and air conditioning’ (-4.0%). Prices were lower in ‘food products, beverages, tobacco’ (-3.0%). Prices rose more significantly in ‘water supply, sewerage, waste management and remediation services’ (+1.6%).
Among the main industrial groupings, prices of ‘energy’ (-10.2%) decreased the most, y-o-y.
According to an estimate, construction work prices rose by 1.0% (+1.2% in April) and construction material input prices fell by 1.9% (-2.1% in April).
Prices of market services in the business sphere grew by 0.2% (like in April). Increasing were prices in ‘postal and courier services’ (+5.6%), ‘employment services’ (+4.8%), ‘computer programming, consultancy and related services’ (+1.7%), ‘advertising and market research services’ (+1.5%) and ‘architectural and engineering services’ (+1.4%). On the decrease were prices of ‘land transport services and transport services via pipelines’ (-0.8%) and ‘insurance, reinsurance and pension funding services, except compulsory social security’ (-4.4%). Market services prices excluding advertising services increased by 0.1% (in April stayed unchanged).
* Preliminary data
Notes:
Responsible manager of the CZSO: Jiri Mrazek, Department Director, phone (+420) 274 052 533,
Contact: Jiri Sulc, phone (+420) 274 052 148, e-mail: jiri.sulc@csu.gov.cz
Miloslav Beranek, phone (+420) 274 052 665,
Data source: CZSO surveys
End of data collection / end of data processing:
Agricultural producer price indices: 24th calendar day of reference month / 8th calendar day of the following month
Industrial producer price indices: 20th calendar day of reference month / 7th calendar day of the following month
Construction work price indices: last calendar day of reference month / 5th working day of the following month
Market services price indices: 15th calendar day of reference month / 7th calendar day of the following month
Related publications: 011041 - 16 Price Indices of Constructions Works, Price Indices of Constructions and Indices of Construction Costs
011044 - 16 Industrial Producer Price Indices
011045 - 16 Agricultural Producer Price Indices
011046 - 16 Market Services Price Indices in the Business Sphere
Internet: https://csu.gov.cz/producer-prices-publications
Next News Release: 20 July 2016
Text not edited for language.