Export and import price indices - September 2010

M-o-m terms of trade figures reached positive values after ten months

15.11.2010
Code: r-7201-10
 




In September 2010, export prices decreased by 0.3% and import prices by 0.4%, month-on-month. Export prices increased by 2.3% and import prices by 6.2%, year-on-year. The terms of trade figures reached 100.1%, m-o-m, and 96.3%, y-o-y.


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Month-on-month comparison:
  • Exports: export prices decreased by 0.3% in September (-1.6% in August). The fall of the total m-o-m export price index came mainly from a 0.4% price drop in ‘machinery and transport equipment’. Among important sections, the price drops were recorded for prices of ‘miscellaneous manufactured articles’ by 0.8%, ‘chemicals and related products’ by 0.2%, ‘manufactured goods classified chiefly by material’ by 0.1%. On the contrary, the price growths were registered in ‘mineral fuels, lubricants and related materials‘ (1.0%), ‘crude materials, inedible, except fuels’ (0.9%) and ‘food and live animas’ (0.5%).
  • Imports: import prices went down by 0.4% (-1.2% in August). Drop of the total m-o-m import price index was driven mainly by 1.3% price drop in ‘machinery and transport equipment’. Another marked price drops were registered in ‘mineral fuels, lubricants and related materials’ (-0.8%) and ‘miscellaneous manufactured articles’ (-0.4%). Among important sections, the prices in ‘crude materials, inedible, except fuels’, ‘food and live animals’, ‘chemicals and related products’ and ‘manufactured goods, classified chiefly by material’ increased by 2.2%, 0.2%, 0.1% and 0.1%, respectively.
  • The terms of trade figures increased to 100,1% (99.6% in August) and emerged from negative values after ten successive months. The positive values of the terms of trade figures were recorded for ‘mineral fuels, lubricants and related materials’ (101.8%), ‘machinery and transport equipment’ (100.9%) and ‘food and live animals’ (100.3%). On the contrary, among important sections negative values of the terms of trade figures were registered in ‘crude materials, inedible, except fuels’ (98.7%), ‘miscellaneous manufactured articles’ (99.6%), ‘chemicals and related products‘ (99.7%) and ‘manufactured goods classified chiefly by material’ (99.8%).


Year-on-year comparison:
  • Exports: export prices rose for the fifth month, this time by 2.3 % (1.6% in August). The growth of the total y-o-y export price index was mainly affected by a 4.3% price increase in ‘manufactured goods classified chiefly by material’. More marked price increases were recorded in ‘crude materials, inedible, except fuels’ (25.9%), ‘mineral fuels, lubricants and related materials’ by 15.7%, ‘chemicals and related products’ by 5.9% and ‘food and live animals’ by 5.3%. The prices in ‘machinery and transport equipment’ and ‘miscellaneous manufactured articles’ fell by 0.9% and 0.7%, respectively.
  • Imports: import prices increased by 6.2% (5.2% in August). This increase was supported also by weakening of the koruna against dollar. The growth of the total y-o-y import price index came mainly from a 27.5% price increase in ‘mineral fuels, lubricants and related materials'. Price growths were also recorded in ‘crude materials, inedible, except fuels’ (38.0%), manufactured goods classified chiefly by material’ (6.0%), ‘food and live animals’ (5.0%), ‘chemicals and related products’ (2.3%), 'machinery and transport equipment’ (1.6%) and ‘miscellaneous manufactured articles; (0.5%). Price drop was observed only in ‘beverages and tobacco’ by 2.9%.
  • The terms of trade figures decreased slightly to 96.3% (96.6% in August) and for the tenth month remained in negative values. The lowest values of the terms of trade figures recorded ‘mineral fuels, lubricants and related materials' (90.7%), ‘crude materials, inedible, except fuels’ (91.2%), 'machinery and transport equipment' (97.5%), ’manufactured goods classified chiefly by material’ (98.4%) and ‘miscellaneous manufactured articles’ (98.8%). Among sections important in terms of weight, positive values of the terms of trade figures reached ‘chemicals and related products’ (103.5%) and ‘food and live animals’ (100.3%).

This press release was not edited for language.

Analysis - Development of external trade price indices in the third quarter of 2010


Note:
Contact: Vladimír Klimeš, phone (+420) 274 054 102, e-mail: vladimir.klimes@czso.cz
Data source: CZSO survey
End of data collection: Last calendar day of the month
End of data processing: Import and export price indices: 15th calendar day after next month
Related publications: 7201-10 Import and Export Price Indices in the Czech Republic
Detailed (Internet: /csu/czso/export-and-import-price-indices-in-the-czech-republic-december-2010-tm2veah5zk )
The data released are final.



  • aizc111510.doc

  • Annexes:
  • Table 1 Prices of exports and imports of goods (indices)
  • Table 2 Prices of exports and imports of goods (decomposition of increases – month-on-month, year-on-year)
  • Graph 1 Prices of exports and imports of goods (year-on-year changes)
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Published: 15.11.2010
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