Producer price indices - February 2021
Industrial producer prices rose
Agricultural producer prices (+1.7%), industrial producer prices (+0.7%), construction work prices (+0.1%) and service producer prices in the business sphere (+0.7%) all went up, month-on-month. From the year-on-year perspective, agricultural producer prices decreased by 1.6%. Industrial producer prices (+1.4%), construction work prices (+1.8%) and service producer prices in the business sphere (+1.4%) increased.
Month-on-month comparison
Agricultural producer prices were higher by 1.7%. Increasing were prices of fruit (+16.1%), vegetables (+15.5%), cereals (+3.6%) and oleaginous crops (+0.8%). On the decrease were prices of milk (-0.4%), eggs (-0.8%), pigs for slaughter (-3.1%) and poultry (-10.6%).
Prices of industrial producers increased by 0.7%. Prices rose primarily in ‘coke, refined petroleum products’. Prices were higher in ‘chemicals and chemical products’ (+3.6%) and ‘basic metals, fabricated metal products’ (+1.8%). Prices fell in ‘transport equipment’ (-0.5%), thereof ‘parts and accessories for motor vehicles’ (-0.8%). Prices decreased in ‘food products, beverages, tobacco’ (-0.1%), thereof ‘preserved meat and meat products’ (-1.1%).
According to an estimate, construction work prices rose by 0.1% and prices of construction material and products input were higher by 0.6%.
Service producer prices in the business sphere rose by 0.7% due to the price increasing of ‘advertising and market research services’ by 9.2%. On the increase were prices of ‘employment services’ (+3.1%), ‘architectural and engineering services’ (+0.7%) and ‘real estate services’ (+0.5%). Prices of ‘computer programming, consultancy and related services’ and ‘legal and accounting services’ both grew by 1.1%. Prices of ‘land transport services’ and ‘information services’ both fell by 0.4%. Service producer prices in the business sphere, excluding advertising services went up by 0.3%, m-o-m.
Year-on-year comparison
Agricultural producer prices dropped by 1.6% (-2.8% in January). Prices in the crop production grew by 5.1%. On the increase were prices of vegetables (+15.8%), cereals (+9.7%), fruit (+4.0%) and oleaginous crops (+1.9%). Prices of potatoes decreased by 27.8%. Prices in animal products fell by 8.3%. Prices of pigs for slaughter (-31.0%), cattle for slaughter (-3.8%), poultry (-2.7%) and milk (-1.6%) were lower. On the increase were prices of eggs by 1.9%.
Prices of industrial producers rose by 1.4% (in January they remained stable). Prices went up in ‘basic metals, fabricated metal products’ (+7.2%) and ‘furniture, other manufactured products’ (+3.5%). Prices were higher in ‘transport equipment’ (+1.8%), thereof ‘parts and accessories for motor vehicles’ (+2.0%) and ‘motor vehicles’ (+1.5%). Prices fell particularly in ‘coke, refined petroleum products’. Prices were lower in ‘food products, beverages, tobacco’ (-1.2%), thereof ‘preserved meat and meat products’ (-10.5%). On the decrease were also prices ‘mining and quarrying’ (-0.8%).
Among the main industrial groupings, higher were primarily in ‘durable consumer goods’ (+3.6%) and ‘intermediate goods’ (+3.5%). Lower were prices of ‘energy’ (-0.5%) and ‘non-durable consumer goods’ (-1.4%).
According to an estimate, construction work prices rose by 1.8% (+2.3% in January) and prices for construction material and products input increased by 3.2% (+2.8% in January).
Service producer prices in the business sphere were higher by 1.4% (+1.9% in January). Prices for ‘computer programming, consultancy and related services’ (+5.1%), ‘security and investigation services’ (+4.1%), ‘architectural and engineering services’ (+3.2%) and ‘management consulting services’ (+2.8%) rose. On the increase were also prices of ‘legal and accounting services’ (+2.2%), ‘land transport services’ (+1.4%) and ‘real estate services’ (+1.1%). Lower were prices of ‘advertising and market research services’ (-0.4%), ‘rental and leasing services’ (-0.7%) and ‘information services’ (-2.1%). Service producer prices in the business sphere, excluding advertising services, grew by 1.5% (+2.0% in January).
Industrial producer prices in the EU – January 2021 (preliminary data)
According to the Eurostat News Releases, industrial producer prices increased in January 2021 by 1.4% (in December 2020 they rose by 0.9%) in EU27, month-on-month. Prices went up in all Member States, the most in Ireland (+10.0%). Prices increased in Czechia (+1.3%), Germany (+1.1%), Poland and Austria (+1.0% both) and Slovakia (+0.5%).
Industrial producer prices increased in January 2021 by 0.2% (in December 2020 they fell by 1.0%) in EU27, year-on-year. The highest increase in prices was observed in Ireland (+19.6%).
Prices went up in Germany (+0.4%) and Poland (+0.3%), remained stable in Czechia and went down in Austria (-0.5%) and Slovakia (-0.4%). The largest decrease was recorded in Lithuania (-4.8%).
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Notes:
Responsible head at the CZSO: Jiří Mrázek, Director of Prices Statistics Department, phone (+420) 274 052 533, e-mail: jiri.mrazek@czso.cz
Contact person: Jiří Šulc, Head of Agricultural, Construction, and Services Prices Statistics Unit, phone (+420) 274 052 148, e-mail: jiri.sulc@czso.cz
Miloslav Beránek, Industrial and International Trade Prices Statistics Unit, phone (+420) 274 052 665, e-mail: miloslav.beranek@czso.cz
Method of data acquisition: CZSO direct 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
Service producer prices in the business sphere: 20th calendar day of reference month / 9th calendar day of the following month
Except for the construction work price indices, the published figures are final data. Estimates of the construction work price indices are carried out on the 9th calendar day of the following month. Then, construction work price indices are made more precise using results of the finished quarterly survey and the finalised data are released on the 46th calendar day of the following quarter.
Related publications: 011041 – 21 Price Indices of Constructions Works, Price Indices of Constructions, and Indices of Construction Costs
011044 – 21 Industrial Producer Price Indices
011045 – 21 Agricultural Producer Price Indices
011046 – 21 Service Producer Prices in the Business Sphere
Following outcomes: https://www.czso.cz/csu/czso/producer-prices-publications
Next News Release will be published on: 20 April 2021
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
- 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: 15.03.2021
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