Export and import price indices - April 2013
External trade prices growth continues
In April 2013, export prices increased by 0.4%, import prices by 0.1%, month-on-month. Export prices increased by 2.4%, import prices by 0.8%, year-on-year. The terms of trade figures reached 100.3%, m-o-m, and 101.6%, y-o-y.
Month-on-month comparison:
Exports: export prices grew 0.4% in April (+0.5% in March). The change of the total m-o-m export price index was driven mainly by a 0.3% price growth in ‘machinery and transport equipment’. Among important sections prices grew in ‘miscellaneous manufactured articles’ (+0.8%) and ‘manufactured goods classified chiefly by material’ (+0.3%). Only price drop was registered in ‘chemicals and related products’ (-0.5%) and ‘crude materials, inedible, except fuel’ (-0.2%).
Imports: import prices increased by 0.1% (+0.9% in March). The change of the total m-o-m import price index was driven mainly by a 0.3% price growth in ‘machinery and transport equipment’. Among important sections prices were rising in ‘crude materials, inedible, except fuels’ (+1.9%), ‘manufactured goods classified chiefly by material’ (+0.3%) and ‘miscellaneous manufactured articles’ (+0.2%). The biggest price drop was registered in ‘animal and vegetable oils’ (-2.0%) and ‘mineral fuels, lubricants and related materials’ (-1.9%).
The terms of trade figures stood at 100.3% (99.6% in March). Significant positive values were recorded in ‘mineral fuels, lubricants and related materials’ (103.4%), ‘food and live animals’ (100.8%) and ‘miscellaneous manufactured articles’ (100.6%). The terms of trade figures of ‘machinery and transport equipment’ stood at 100%. Significant negative values of the terms of trade figures reached ‘crude materials, inedible, except fuels’ (97.9%) and ‘chemicals and related products’ (99.3%).
Year-on-year comparison:
Exports: export prices increased by 2.4% (+2.6% in March), this trend was supported by weakening of Czech koruna against Euro and US dollar. The change of the total y-o-y export price index was driven mainly by a 3.6% price growth in ‘machinery and transport equipment’. Among important sections, prices of ‘food and live animals’, ‘miscellaneous manufactured articles’ and ‘chemicals and related products’ rose 5.5%, 4.0% and 0.7%, respectively. Price drop was recorded in ‘mineral fuels, lubricants and related materials’ (-1.7%) and ‘crude materials, inedible, except fuels’ (-1.0%).
Imports: import prices increased by 0.8% (+1.1% in March). Change of the total y-o-y import price index came mainly from a 2.8% price growth in ‘machinery and transport equipment’. Among important sections, prices of ‘food and live animals’, ‘miscellaneous manufactured articles’ and ‘manufactured goods classified chiefly by material’ rose 7.2%, 3.1% and 1.9%, respectively. On the contrary, significant price drop was registered in ‘mineral fuels, lubricants and related materials’ (-7.0%) and ‘crude materials, inedible, except fuels’ (-5.4%).
The terms of trade figures increased to 101.6% (101.5% in March) and they have stayed in positive values for fourth month. Among important sections, highest positive values of the terms of trade figures were registered in ‘mineral fuels, lubricants and related materials’ (105.7%), ‘crude materials, inedible, except fuels’ (104.7%), ‘miscellaneous manufactured articles’ (100.9%) and ‘machinery and transport equipment‘ (100.8%). Negative values of the terms of trade figures, among important sections, reached ‘food and live animals’ (98.4%) and ‘manufactured goods classified chiefly by material’ (98.6%).
Notes:
Responsible manager of the CZSO: Jiří Mrázek, Department Director
Contact: Vladimír Klimeš, phone (+420) 274 054 102, e-mail: vladimir.klimes@czso.cz
Method of data collection: Selective survey of the CZSO
End of data collection: 15th calendar day after the reference month
Related publications: 720144-13 Import and Export Price Indices in the Czech Republic /csu/czso/export-and-import-price-indices-in-the-czech-republic-2013-7scbqjgrxm
Specific methodical notes: The data released are final.
Next News Release: 15 July 2013
Not edited for language.
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Published: 17.06.2013
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