Producer price indices - November 2015
Industrial producer prices fell to the level of January 2011
Publication Date: 16. 12. 2015
Product Code: 011047-15
In November 2015 compared with the previous month, industrial producer prices were lower by 0.4% and agricultural producer prices went down by 1.5%. Construction work prices and prices of market services were both higher by 0.1%. In comparison to November 2014, industrial producer prices fell by 3.7%. Prices of market services stayed unchanged. Agricultural producer prices went up by 1.1% and construction work prices were higher by 1.3%.
Agricultural producer prices decreased by 1.5%. Prices of vegetables (-8.9%), fruit (-3.3%), poultry (-2.9%) and pigs for slaughter (-1.6%) went down. Prices of potatoes (+2.5%), milk and eggs (+2.4% both) and oil plants (+1.7%) went up.
Prices of industrial producers went down by 0.4%. Lower were prices primarily in ‘basic metals, fabricated metal products’ (-1.0%) and ‘coke, refined petroleum products’. Prices decreased in ‘food products, beverages, tobacco’ (-0.3%), thereof ‘preserved meat and meat products’ (-1.1%) and ‘bakery and farinaceous products’ (-1.0%). On the other hand, price rose in ‘dairy products’ (+0.9%). On the increase were prices in ‘chemicals and chemical products’ and ‘mining and quarrying’ (+0.3% both).
According to an estimate, construction work prices increased by 0.1% and construction material input prices stayed unchanged.
Market services prices in the business sphere rose by 0.1% due to the price increasing of ‘architectural and engineering services’ (+0.8%). Prices of ‘rental and leasing services’ went down by 0.3%. Market services prices excluding advertising services grew by 0.1%.
Agricultural producer prices grew by 1.1% (+3.2% in October). Prices of crop products went up by 9.4%. Higher were prices of vegetables (+80.4%), potatoes (+34.8%), fruit (+28.9%), oil plants (+12.0%) and cereals (+4.0%). Prices of animal products went down by 9.9% due to decreasing prices of milk (-19.5%), eggs (-5.2%) and pigs for slaughter (-4.1%). On the increase were prices of cattle for slaughter by 3.0%.
Prices of industrial producers went down by 3.7% (-3.9% in October). Prices decreased particularly in ‘coke, refined petroleum products’. Prices were lower in ‘chemicals and chemical products’ (- 12.3%) and ‘basic metals, fabricated metal products’ (-4.3%). On the decrease were prices in ‘food products, beverages, tobacco’ (-1.5%), thereof ‘dairy products’ (-7.7%), ‘preserved meat and meat products’ (-2.7%) and ‘other food products’ (-2.2%). On the increase were prices in ‘water supply, sewerage, waste management and remediation services’ (+3.4%). Prices rose in ‘furniture, other manufactured products’ (+1.7%), thereof particularly ‘installation services of industrial machinery and equipment’ (+3.5%).
Among the main industrial groupings, prices of ‘energy’ (-7.9%) decreased the most, y-o-y.
According to an estimate, construction work prices rose by 1.3% (like in October) and construction material input prices fell by 1.2% (-0.8% in October).
Prices of market services in the business sphere were the same like in November last year (-0.1% in October). Decreasing were prices in ‘information services’ (-2.5%), ‘land transport services and transport services via pipelines’ (-1.7%), ‘real estate services’ (-1.2%) and ‘insurance, reinsurance and pension funding services’ (-0.9%). On the increase were prices of ‘postal and courier services’ (+6.9%), advertising and market research services’ (+3.7%) and ‘publishing services’ (+2.9%). Market services prices excluding advertising services were lower by 0.4% (like in October).
According to the Eurostat News Releases, industrial producer prices decreased in October by 0.2% (-0.3% in September) in EU28, month-on-month. Among the Member States for which data are available, the largest decreases were observed in Ireland (-1.1%), Spain and Hungary (-0.7% both). On the decreases were prices in Germany and Austria (-0.4% both), the Czech Republic (-0.2%) and remained stable in Poland and Slovakia. Prices rose the most in Sweden (+0.7%) and Denmark (+0.5%).
Industrial producer prices decreased in October by 3.5% (-3.8% in September) in EU28, year-on-year. Industrial producer prices fell in all Member States, with the largest decreases observed in Lithuania (-10.4%), Greece (-8.0%) and the Netherlands (-7.9%). Prices went down in Slovakia (-5.1%), the Czech Republic (-3.9%), Austria (-2.7%), Poland (-2.4%) and Germany (-2.2%).
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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
011039 - 15 Producer Price Indices – Basic Information
011044 - 15 Industrial Producer Price Indices
011045 - 15 Agricultural Producer Price Indices
011046 - 15 Market Services Price Indices in the Business Sphere
Internet: https://csu.gov.cz/producer-prices-publications
Next News Release: 18 January 2016
Text not edited for language.