DEFINITIONS

Producer price index of industrial output expresses the development in the producer prices of goods manufactured in Estonia. Producer price index of industrial output includes both goods manufactured for domestic market and for non-domestic market.

METHODOLOGY

Since 2002 Statistics Estonia updates the weights system of the producer price index of industrial output and base prices for calculation every year. In the current year  (t) the base prices for the calculation of the producer price index were the prices of the last year (t-1) December. The weights system corresponds to the industrial sales structure of enterprises in the year t-2. The data are published on the base 2010 = 100. December of the last year (t-1) was the linking month.

The producer price index of industrial output is published monthly on the 20th day of the month following the end of the reference month or on the next business day.

The annual index has been calculated as the average of 12 months.

CLASSIFICATIONS

Estonian Classification of Economic Activities (EMTAK 2008)

EMTAK 2008 is available on the web site of Statistics Estonia http://www.stat.ee/en under the heading “Metadata”.

MORE DATA

Eesti statistika aastaraamat. Statistical Yearbook of Estonia

Eesti Statistika Kvartalikiri. Quarterly Bulletin of Statistics Estonia

OTHER INFORMATION

Example of the producer price index of industrial output is valid for the indices published on the base period (here: 2010 = 100).

We want to know how much, the producer price index of industrial output has changed in January 2012 compared with January 2011.

Producer price index of industrial output

 

(2010 = 100)

 

 

 

TOTAL

2011

January

102,67

 

February

102,72

 

March

103,13

 

April

104,06

 

May

104,59

 

June

105,09

 

July

105,33

 

August

105,20

 

September

105,17

 

October

105,10

 

November

105,17

 

December

105,15

2012

January

105,86

We find from the table

    January 2012     105,86

    January 2011     102,67

105,86  : 102,67 = 1,031   times or

(105,86 : 102,67) x 100 - 100 = 3,1%.

CONTACT PERSON

Jelena Jurkova

Economic and Environmental Statistics Department

Tel +372 625 8418

jelena.jurkova@stat.ee

Updated: 20.11.2013