Producer price indices - July 2018
Y-o-y growth of prices in construction accelerated
Month-on-month comparison:
Agricultural producer prices decreased by 0.8%. Prices of milk (-0.4%), cereals (-0.7%), poultry (-1.3%), fresh vegetables (-14.1%) and fruit (-38.2%) went down. On the increase were prices of potatoes (+3.4%), pigs for slaughter (+2.2%), oil plants (+1.7%) and eggs (+0.8%).
Prices of industrial producers went up by 0.3%. Prices increased primarily in ‘chemicals and chemical products’ (+1.8%), ‘rubber and plastic products, other non-metallic mineral products’ (+0.5%) and ‘wood, wood products, paper, printing’ (+0.6%). Prices rose in ‘food products, beverages, tobacco’ (+0.2%), thereof ‘beverages’ and ‘dairy products’ (+0.8% both). Prices fell only in ‘mining and quarrying’ (-0.2%) and ‘electrical equipment’ (-0.1%).
According to an estimate, construction work prices increased by 0.4% and construction material input prices grew by 0.9%.
Prices of market services for businesses fell by 1.0%. On the decrease were prices of ‘advertising and market research services’ (-16.2%), ‘management consulting services’
(-1.6%) and ‘employment services’ (-1.3%). On the increase were prices of ‘architectural and engineering services’ (+0.7%) and ‘land transport services and transport services via pipelines’ (+0.6%). Prices of market services for businesses excluding advertising rose by 0.1%.
Year-on-year comparison:
Agricultural producer prices were lower by 4.4% (-4.2% in June). Prices of crop products dropped by 2.6% due to decreasing prices of potatoes (-1.3%), oil plants (-7.8%) and fruit
(-34.4%). Higher were prices of fresh vegetables (+25.3%) and cereals (+1.9%). Prices of animal products went down by 6.6%. Lower were prices of pigs for slaughter (-22.2%), poultry
(-5.9%) and milk (-2.6%). Prices of cattle for slaughter went up by 1.3%.
Prices of industrial producers rose by 3.4% (+2.9% in June) year-on-year. It was the most since February 2012. Prices were higher particularly in ‘coke, refined petroleum products’. On the increase were prices in ‘basic metals, fabricated metal products’ (+3.6%), ‘electricity, gas, steam and air conditioning’ (+2.3%), ‘chemicals and chemical products’ (+7.6%) and ‘mining and quarrying’ (+8.4%). Prices were lower in ‘transport equipment’ (-0.8%), thereof ‘parts and accessories for motor vehicles’ (-1.6%). On the decrease were also prices in ‘food products, beverages, tobacco’ (-0.7%), thereof ‘preserved meat and meat products’ (-5.2%) and ‘other food products’ (-5.8%).
Among the main industrial groupings, prices of ‘energy’ (+9.7%) increased the most, decreased only prices of ‘non-durable consumer goods’ (-0.6%), year-on-year.
According to an estimate, construction work prices rose by 3.4% (+3.1% in June after specification) and construction material input prices grew by 4.5% (+3.6% in June).
Prices of market services for businesses were higher by 1.7% (+1.8% in June). Increasing were prices in ‘employment services’ (+9.6%), ‘security and investigation services’ (+9.3%) and ‘insurance services’ (+5.4%). On the increase were also prices of ‘real estate services’ (+3.0%), ‘architectural and engineering services’ (+2.0%), ‘publishing services’ (+1.9%) and ‘land transport services and transport services via pipelines’ (+1.4%). Lower were prices of ‘management consulting services’ (-1.4%), ‘advertising and market research services’ (-1.9%) and ‘warehousing and support services for transportation’ (-2.3%). Prices of market services for businesses excluding advertising services increased by 1.8% (+1.9% in June).
Industrial producer prices in the EU – June 2018 (preliminary data)
According to the Eurostat News Releases, industrial producer prices increased in June by 0.4% (+1.1% in May) in EU28, month-on-month. The highest increases in prices were observed in Denmark (+2.6%). Prices went up in Slovakia (+0.7%), the Czech Republic (+0.6%), Austria and Germany (+0.4% both) and in Poland (+0.2%). Prices fell the most in Luxembourg (-0.9%).
Industrial producer prices were higher in June by 4.4% (+3.7% in May) in EU28, year-on-year.
The highest increases in prices were recorded in Denmark (+9.1%). Prices rose in Slovakia (+5.6%), Poland (+4.1%), Austria (+3.6%), Germany (+3.0%) and in the Czech Republic (+2.9%). Decreases were observed only in Ireland (-2.6%) and Luxembourg (-1.5%).
Notes:
Responsible manager of the CZSO: Jiri Mrazek, Department Director, phone (+420) 274 052 533, e-mail: jiri.mrazek@czso.cz
Contact: Jiri Sulc, phone (+420) 274 052 148, e-mail: jiri.sulc@czso.cz
Miloslav Beranek, phone (+420) 274 052 665, e-mail: miloslav.beranek@czso.cz
Data source: CZSO surveys
End of data collection / End of data processing:
Agricultural producer price indices: 26th calendar day of reference month / 8th calendar day of the following month
Industrial producer price indices: 20th calendar day of reference month / 9th calendar day of the following month
Market services price indices (business to business): 20th calendar day of reference month / 9th calendar day of the following month
Except for the construction work price indices, the published data are finalised. Estimates of the construction work price indices are carrying out on the 9th calendar day of the following day. Construction work price indices are updated using the finished quarterly survey and the finalised data are released on the 46th calendar day of the following quarter.
Related publications: 011041 - 18 Price Indices of Constructions Works, Price Indices of Constructions and Indices of Construction Costs
011044 - 18 Industrial Producer Price Indices
011045 - 18 Agricultural Producer Price Indices
011046 - 18 Market Services Price Indices in the Business Sphere
Internet: https://www.czso.cz/csu/czso/producer-prices-publications
Next News Release: 17 September 2018
Text not edited for language.
Attachments
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Annexes:
- year 2024 | March 2024 | February 2024 | January 2024
- year 2023 | December 2023 | November 2023 | October 2023 | September 2023 | August 2023 | July 2023 | June 2023 | May 2023 | April 2023 | March 2023 | February 2023 | January 2023
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- year 2019 | December 2019 | November 2019 | October 2019 | September 2019 | August 2019 | July 2019 | June 2019 | May 2019 | April 2019 | March 2019 | February 2019 | January 2019
- year 2018 | December 2018 | November 2018 | October 2018 | September 2018 | August 2018 | July 2018 | June 2018 | May 2018 | April 2018 | March 2018 | February 2018 | January 2018
- year 2017 | December 2017 | November 2017 | October 2017 | September 2017 | August 2017 | July 2017 | June 2017 | May 2017 | April 2017 | March 2017 | February 2017 | January 2017
- year 2016 | December 2016 | November 2016 | October 2016 | September 2016 | August 2016 | July 2016 | June 2016 | May 2016 | April 2016 | March 2016 | February 2016 | January 2016
- year 2015 | December 2015 | November 2015 | October 2015 | September 2015 | August 2015 | July 2015 | June 2015 | May 2015 | April 2015 | March 2015 | February 2015 | January 2015
- year 2014 | December 2014 | November 2014 | October 2014 | September 2014 | August 2014 | July 2014 | June 2014 | May 2014 | April 2014 | March 2014 | February 2014 | January 2014
- year 2013 | December 2013 | November 2013 | October 2013 | September 2013 | August 2013 | July 2013 | June 2013 | May 2013 | April 2013 | March 2013 | February 2013 | January 2013
- year 2012 | December 2012 | November 2012 | October 2012 | September 2012 | August 2012 | July 2012 | June 2012 | May 2012 | April 2012 | March 2012 | February 2012 | January 2012
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Published: 16.08.2018
The data are valid as of the release date of the publication.
Contact: Information Services Unit - Headquarters, tel.: +420 274 056 789, email: infoservis@czso.cz