Export and import price indices - April 2011

The terms of trade reached positive values after five months, m-o-m

15.06.2011
Code: r-7201-11
 




In April 2011, export prices increased by 0.3%, import prices by 0.1%, month-on-month. Export prices increased by 1.4% and import prices by 4.7%, year-on-year. The terms of trade figures reached 100.2%, m-o-m, and 96.8%, y-o-y.


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Month-on-month comparison:
  • Exports: export prices increased by 0.3% in April (+0.4% in March). Growth of the total m-o-m export price index came mainly from a 5.5% price growth in ‘mineral fuels, lubricants and related materials‘. The biggest growths were reported in ‘manufactured goods classified chiefly by material’ by 0.9%, both prices in ‘ miscellaneous manufactured articles’ and ‘chemicals and related products’ rose by 0.1%. On the contrary, among important sections, the prices decreased in ‘crude materials, inedible, except fuels’ and ‘machinery and transport equipment’ by 1.1% and 0.3%, respectively.
  • Imports: import prices went up by 0.1% (+0.8% in March). Increase of the total m-o-m import price index was driven mainly by 3.6% price growth in ‘mineral fuels, lubricants and related materials’. Another growths were recorded in prices of ‘crude materials, inedible, except fuels’ (1.3%) and ‘chemicals and related products’ (0.3%). Among important sections, price drop was registered in
    ‘machinery and transport equipment’ (-1.2%), ‘food and live animals’ (-0.5%) and ‘miscellaneous manufactured articles’ (-0.4%).
  • The terms of trade figures increased to 100.2% (99.6% in March), they reached the positive values after five months. Positive values of the terms of trade figures, among important sections, were recorded in ‘mineral fuels, lubricants and related materials’ (101.8%), ‘manufactured goods classified chiefly by material’ (101.1%) and ‘machinery and transport equipment’ (100.9%). On the contrary, negative values of the terms of trade figures reached prices in ‘crude materials, inedible, except fuels’ (97.6%) and ‘chemicals and related products’ (99.8%).


Year-on-year comparison:
  • Exports: export prices increased by 1.4% (+1.6% in March). Index was affected mainly by price growth in ‘manufactured goods classified chiefly by material’ by 6.8%. Among sections important in terms of weight, the price growths were recorded in ‘mineral fuels, lubricants and related materials’ (16.2%), ‘food and live animals’ (10.1%), ‘chemicals and related products’ (7.6%) and ‘crude materials, inedible, except fuels’ (7.0%). Prices of ‘machinery and transport equipment’ and ‘miscellaneous manufactured articles’ decreased by 3.6% and 0.3%, respectively.
  • Imports: import prices rose by 4.7% (+5.3% in March). The growth of the total y-o-y import price index came mainly from a 24.1% price increase in ‘mineral fuels, lubricants and related materials'. Significant price growths were recorded in ‘crude materials, inedible, except fuels’ (44.1%), manufactured goods classified chiefly by material’ (6.7%) and ‘chemicals and related products’ (5.2%). Prices dropped in ‘machinery and transport equipment’ (-3.4%) and ‘miscellaneous manufactured articles' (-1.6%).
  • The terms of trade increased to 96.8% (96.5% in March), however they remained in negative values for the seventeenth month. Negative values of the terms of trade figures recorded ‘crude materials, inedible, except fuels’ (74.3%), ‘mineral fuels, lubricants and related materials' (93.6%) and 'machinery and transport equipment' (99.8%). On the contrary, positive values of the terms of trade figures were recorded in ‘food and live animals’ (110.4%), ‘chemicals and related products’ (102.3%), ‘miscellaneous manufactured articles’ (101.3%) and ’manufactured goods classified chiefly by material’ (100.1%).

Text not edited for language.



Notes:
Responsible manager of the CZSO: Jiri Mrazek, 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
End of data processing: 10th calendar day after the following month
Specific methodical notes: The data released are final.
Related publications: 720144-11 Import and Export Price Indices in the Czech Republic
Detailed structure: /csu/czso/export-and-import-price-indices-in-the-czech-republic-2011-o2qhupox2g
Next News Release: 15 June 2011



  • aizc061511.doc

  • Annexes:
  • Table 1 Prices of exports and imports of goods (indices)
  • Table 2 Prices of exports and imports of goods (unadjusted and adjusted 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: 15.06.2011
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