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Monday, 06.01.2025, 23:35
Prices for the industrial production sold in Lithuania remain unchanged in May 2012
The overall price change was mostly influenced by a decrease in prices for the production of the manufacture of refined petroleum products and food products – by 0.8% each, the production of the manufacture of chemicals and chemical products – 0.9%, as well as by an increase in prices for electricity, gas, steam and air conditioning supply – by 1.7%, wearing apparel – 3.3%. More detailed information is provided in Table 2.
Fig. 1. Changes in prices for industrial production sold over the month, compared to the previous month |
* Revised data.
Over the month, prices for products sold on the Lithuanian market dropped by 0.1%. The highest price drop was observed in prices for the production of the manufacture of machinery and equipment n. e. c. – by 4.5%, extraction of crude petroleum – 3.6%, production of the manufacture of refined petroleum products – 3.4%, while prices for the production of the manufacture of computer, electronic and optical products increased by 3.2%, waste collection, treatment and disposal activities; materials recovery – 3%, electricity, gas, steam and air conditioning supply – 1.7%. Prices for food products dropped by 1.3%; out of them, prices for bread and fresh pastry goods and cakes dropped by 3.6%, poultry – 3.4%, milk products – 3.2%. Prices for prepared animal feeds and ice cream increased by 2.8% each, cocoa, chocolate and sugar confectionery – 1.8%.
Over the month, prices for products sold on the non-Lithuanian market dropped by 0.2%. The highest decrease in prices was observed for electricity, gas, steam and air conditioning supply – by 14.8%, the extraction of crude petroleum – by 5.2%, while prices for the production of the manufacture of wearing apparel increased by 3.7%, waste collection, treatment and disposal activities; materials recovery – by 2.4%.
Over the year
(May 2012, against May 2011), prices for the total industrial production sold
grew by 5.6%. The greatest price rise was observed in prices for waste
collection, treatment and disposal activities; materials recovery – by 20.6%,
refined petroleum products – by 13.5%, while prices for repair and installation
of machinery and equipment dropped by 10.6%, the production of the manufacture
of tobacco products – 10.1%.
Fig. 2. Changes in prices for industrial production sold over the year, compared to the corresponding month of the previous year |
* Revised data.
Table 1. Changes in prices for industrial production sold, May 2012, %
Economic activity |
Relative share in industrial production |
Growth, drop (-) May 2012, against |
||
April 2012 |
2011 |
|||
December |
May |
|||
Total industrial production sold |
100.0 |
-0.2 |
4.8 |
5.6 |
Mining and quarrying |
0.9 |
-2.2 |
5.7 |
6.6 |
Manufacturing |
83.2 |
-0.5 |
4.7 |
4.3 |
Manufacture of refined petroleum products |
31.7 |
-0.8 |
11.9 |
13.5 |
Electricity, gas, steam and air conditioning supply |
14.9 |
1.7 |
4.8 |
11.9 |
Water supply; sewerage, waste management and remediation activities |
1.0 |
1.9 |
7.5 |
15.3 |
Total industrial production, refined petroleum products excluded |
68.3 |
0.2 |
1.5 |
1.9 |
Manufacturing production, refined petroleum products excluded |
51.5 |
-0.3 |
0.3 |
-1.2 |
Total industrial production sold on the Lithuanian market |
100.0 |
-0.1 |
2.8 |
5.6 |
Mining and quarrying |
1.0 |
-0.9 |
5.5 |
5.9 |
Manufacturing |
62.8 |
-1.2 |
1.6 |
2.3 |
Manufacture of refined petroleum products |
13.4 |
-3.4 |
5.5 |
10.2 |
Electricity, gas, steam and air conditioning supply |
35.1 |
1.7 |
5.0 |
12.1 |
Water supply; sewerage, waste management and remediation activities |
1.1 |
1.3 |
-0.1 |
3.8 |
Total industrial production sold on the Lithuanian market, refined petroleum products excluded |
86.6 |
0.4 |
2.4 |
4.9 |
Manufacturing production, refined petroleum products excluded |
49.4 |
-0.6 |
0.5 |
0.2 |
Total industrial production sold on the non-Lithuanian market |
100.0 |
-0.2 |
6.2 |
5.3 |
Mining and quarrying |
0.8 |
-3.3 |
5.9 |
7.3 |
Manufacturing |
98.2 |
-0.2 |
6.2 |
5.2 |
Manufacture of refined petroleum products |
45.1 |
-0.3 |
13.4 |
14.1 |
Electricity, gas, steam and air conditioning supply |
0.1 |
-14.8 |
-27.8 |
... |
Water supply; sewerage, waste management and remediation activities |
0.9 |
2.4 |
15.1 |
28.2 |
Total industrial production sold on the non-Lithuanian market, refined petroleum products excluded |
54.9 |
-0.1 |
0.4 |
-1.7 |
Manufacturing production, refined petroleum products excluded |
53.1 |
0.0 |
0.2 |
-2.2 |
... – data not available, although the phenomenon existed.
Table 2. The greatest influence on the monthly (in May 2012, against April) change in prices for industrial production by economic activity
Percentage points
EVRK Rev. 21code |
Economic activity |
Influence |
EVRK Rev. 2 code |
Economic activity |
Influence |
Total industrial production sold |
|||||
35 |
Electricity, gas, steam and air conditioning supply |
+0.244 |
19 |
Manufacture of refined petroleum products |
-0.277 |
14 |
Manufacture of wearing apparel |
+0.058 |
10 |
Manufacture of food products |
-0.107 |
31 |
Manufacture of furniture |
+0.024 |
20 |
Manufacture of chemicals and chemical products |
-0.082 |
22 |
Manufacture of rubber and plastic products |
+0.021 |
26 |
Manufacture of computer, electronic and optical products |
-0.033 |
38 |
Waste collection, treatment and disposal activities; materials recovery |
+0.018 |
06 |
Extraction of crude petroleum |
-0.019 |
Industrial production sold on the Lithuanian market |
|||||
35 |
Electricity, gas, steam and air conditioning supply |
+0.611 |
19 |
Manufacture of refined petroleum products |
-0.479 |
31 |
Manufacture of furniture |
+0.040 |
10 |
Manufacture of food products |
-0.253 |
16 |
Manufacture of wood and of products of wood, except furniture |
+0.026 |
20 |
Manufacture of chemicals and chemical products |
-0.106 |
11 |
Manufacture of beverages |
+0.025 |
28 |
Manufacture of machinery and equipment n.e.c. |
-0.023 |
38 |
Waste collection, treatment and disposal activities; materials recovery |
+0.013 |
32 |
Other manufacturing |
-0.009 |
Industrial production sold on the non-Lithuanian market |
|||||
14 |
Manufacture of wearing apparel |
+0.095 |
19 |
Manufacture of refined petroleum products |
-0.134 |
22 |
Manufacture of rubber and plastic products |
+0.034 |
20 |
Manufacture of chemicals and chemical products |
-0.065 |
38 |
Waste collection, treatment and disposal activities; materials recovery |
+0.021 |
26 |
Manufacture of computer, electronic and optical products |
-0.064 |
31 |
Manufacture of furniture |
+0.013 |
06 |
Extraction of crude petroleum |
-0.027 |
25 |
Manufacture of fabricated metal products, except machinery and equipment |
+0.005 |
17 |
Manufacture of paper and paper products |
-0.017 |
____________________
1 The second revision
of the national version of the Statistical Classification of Economic
Activities in the European Community.
The overall change in prices for industrial production sold is influenced not only by the rate of price change of a certain product but also by the relative share of the industrial production sold within certain economic activity in the overall industrial production.
A press release on the June 2012 PPI is due on 9 July 2012.