Export and import price indices - November 2020
Export and Import Prices decreased, Month-on-Month
In November 2020 export prices and import prices decreased month-on-month by 1.8%, identically. The terms of trade reached the value of 100.0%. Export prices rose year-on-year by 2.0% and import prices fell year-on-year by 0.9%. The terms of trade reached the value of 102.9%.
Month-on-Month Comparison
Export prices, mainly due to the strengthening of the CZK to EUR and USD, decreased by 1.8%, month-on-month (m-o-m) in November 2020 (they rose after adjusting for exchange rate effects by 0.3%). The fall in the monthly export price index was essentially affected by a decrease in prices of ‘machinery and transport equipment’ by 2.0%. The price decrease was recorded in ‘beverages and tobacco’ by 2.5%, also fell in ‘chemicals and related products’ and in ‘miscellaneous manufactured articles’ by 2.0%, identically. On the contrary, the prices increased in ‘mineral fuels, lubricants and related materials’ and in ‘crude materials, inedible, except fuels’ by 0.8% and 0.7%, respectively.
Import prices decreased by 1.8% (they rose after adjusting for the exchange rate effect by 0.3%), m-o-m, in November 2020. The greatest effect on an overall fall in the monthly import price index was brought mainly by a decrease in ‘machinery and transport equipment’ by 2.1%. Prices fell in ‘food and live animals’ by 3.5%, also decreased in ‘crude materials, inedible, except fuels’ and in ‘chemicals and related products’ by 1.9%, identically. The prices increased only in ‘mineral fuels, lubricants and related materials’ (electric current and gas) by 1.5%.
The terms of trade reached the value of 100.0%. The positive values of the terms of trade were reached in ‘crude materials, inedible, except fuels’ (102.7%), ‘food and live animals’ (102.2%) and in ‘machinery and transport equipment’ (100.1%). The lowest negative values of the terms of trade were reached in ‘beverages and tobacco’ (98.4%), ‘mineral fuels, lubricants and related materials’ (99.3%) and in ‘miscellaneous manufactured articles’ (99.7%).
Year-on-Year Comparison
Export prices rose by 2.0%, year-on-year (y-o-y) (in October 2020 by 3.2%). The growth in the export price index was essentially affected by an increase in prices of ‘machinery and transport equipment’ by 3.5%. Prices increased in ‘beverages and tobacco’, ‘food and live animals’ and in ‘miscellaneous manufactured articles’ by 5.2%, 4.0% and 2.4%, respectively. Prices decreased only in ‘mineral fuels, lubricants and related materials’, especially petroleum products, and in ‘chemicals and related products’ by 13.1% and 2.5%, respectively.
Import prices fell by 0.9%, y-o-y (in October 2020 rose by 0.6%). The fall in prices of ‘mineral fuels, lubricants and related materials’, especially petroleum and petroleum products, by 20.7% had the strongest effect on the decrease of the annual import price index. Prices also decreased in ‘food and live animals’ and in ‘chemicals and related products’ by 2.0% and 0.5%, respectively. On the contrary, price growth was recorded in ‘beverages and tobacco’, ‘miscellaneous manufactured articles’ and in ‘machinery and transport equipment’ by 3.4%, 1.7% and 1.1%, respectively.
The terms of trade increased to the value of 102.9% (they reached 102.6% in October 2020) and for the ninth month in a row remained in positive values. The highest positive values of the terms of trade were reached in ‘mineral fuels, lubricants and related materials’ (109.6%), ‘food and live animals’ (106.1%) and in ‘crude materials, inedible, except fuels’ (103.3%). Negative values of the terms of trade were recorded only in ‘chemicals and related products’ (98.0%).
Notes:
Responsible head at the CZSO: Jiří Mrázek, Director of the Prices Statistics Department, phone: (+420) 274 052 533, e-mail: jiri.mrazek@czso.cz
Contact person: Vladimír Klimeš, Head of the Industrial and International Trade Prices Statistics Unit, phone: (+420) 274 054 102, e-mail: vladimir.klimes@czso.cz
Data source: Sample survey of the CZSO
End of data collection: 15th calendar day after the reference month end
Related Internet-published document: 013014-20 Import and Export Price Indices in the Czech Republic
https://www.czso.cz/csu/czso/export-and-import-price-indices
Specific methodical notes: The data published in the News Release are final data.
Next News Release shall be published on: 12 February 2021
- year 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
- year 2022 | December 2022 | November 2022 | October 2022 | September 2022 | August 2022 | July 2022 | June 2022 | May 2022 | April 2022 | March 2022 | February 2022 | January 2022
- year 2021 | December 2021 | November 2021 | October 2021 | September 2021 | August 2021 | July 2021 | June 2021 | May 2021 | April 2021 | March 2021 | February 2021 | January 2021
- year 2020 | December 2020 | November 2020 | October 2020 | September 2020 | August 2020 | July 2020 | June 2020 | May 2020 | April 2020 | March 2020 | February 2020 | January 2020
- 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
- year 2011 | December 2011 | November 2011 | October 2011 | September 2011 | August 2011 | July 2011 | June 2011 | May 2011 | April 2011 | March 2011 | February 2011 | January 2011
- year 2010 | December 2010 | November 2010 | October 2010 | September 2010 | August 2010 | July 2010 | June 2010 | May 2010 | April 2010 | March 2010 | February 2010 | January 2010
Published: 13.01.2021
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