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Monday, 10.02.2025, 17:59
Prices for the total industrial production sold in Lithuania decreased by 1.7% in October
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The overall price change was mainly influenced by a decrease in prices for the manufacture of refined petroleum products – by 4.4, chemicals and chemical products – 1.4, food products – 0.7%, as well as by an increase in prices for the manufacture of wood and wood products, except furniture, and rubber and plastic products – by 0.9% each.
 |
| Fig. 1. Changes in prices for industrial production sold over the month, compared to the previous month |
* Revised data.
Over the month, prices for industrial production sold on the Lithuanian market dropped by 0.5%. The largest decrease in prices was observed for the extraction of crude petroleum – by 5.6, waste collection, treatment and disposal activities, materials recovery – 3.1%, while prices for the production of the manufacture of other transport equipment increased by 4.7, leather and related products – 3.7%. Prices for food products decreased by 0.2%; out of them, prices for ice cream – by 6.3, processed and preserved fruit and vegetables – 5.1, prepared meals and dishes – 1.7%. Prices for bread and fresh pastry goods increased by 7.3, cocoa, chocolate and confectionery – 1.9%.
Over the month, prices for products sold on the non-Lithuanian market dropped by 2.5%. The largest decrease in prices was observed for the production of the manufacture of refined petroleum products – by 4.7, and furniture – 3.3%, while prices for the repair and installation of machinery and equipment increased by 3.8%.
Over the year (October 2013, against October 2012), prices for the total industrial production sold decreased by 4.5%, refined petroleum products excluded – 1.6%. The greatest price drop was observed for the manufacture of refined petroleum products – by 10.2, chemicals and chemical products – 8.5%, while prices for the production of the manufacture of motor vehicles, trailers and semi-trailers increased by 8.5%.
 |
| Fig. 2. Changes in prices for industrial production sold over the year, compared to the corresponding month of the previous year |
Table 1. Changes in prices for industrial production sold, October 2013, %
|
Economic activity |
Relative |
Growth, drop (-) |
||
|
September |
2012 |
|||
|
December |
October |
|||
|
Total industrial production sold |
100.0 |
−1.7 |
−2.4 |
−4.5 |
|
Mining and quarrying |
0.9 |
−1.1 |
1.5 |
1.5 |
|
Manufacturing |
85.6 |
−1.9 |
−2.9 |
−5.2 |
|
Manufacture of refined petroleum products |
31.6 |
−4.4 |
−4.3 |
−10.2 |
|
Electricity,
gas, steam and air conditioning |
12.7 |
−0.2 |
0.9 |
−0.4 |
|
Water
supply; sewerage, waste management and |
0.8 |
−0.3 |
−2.6 |
−0.7 |
|
Total
industrial production, refined petroleum |
68.4 |
−0.4 |
−1.5 |
−1.6 |
|
Manufacturing production, refined petroleum |
54.0 |
−0.4 |
−2.1 |
−1.9 |
|
Total
industrial production sold on the Lithuanian |
100.0 |
−0.5 |
−0.9 |
−1.8 |
|
Mining and quarrying |
1.4 |
−1.6 |
2.1 |
2.7 |
|
Manufacturing |
66.6 |
−0.6 |
−1.8 |
−2.5 |
|
Manufacture of refined petroleum products |
14.1 |
−2.7 |
−7.0 |
−10.2 |
|
Electricity, gas, steam and air conditioning supply |
30.9 |
−0.2 |
0.9 |
−0.4 |
|
Water
supply; sewerage, waste management and |
1.1 |
−0.5 |
−2.9 |
−2.5 |
|
Total
industrial production sold on the Lithuanian |
85.9 |
−0.1 |
0.0 |
−0.4 |
|
Manufacturing production, refined petroleum |
52.5 |
0.0 |
−0.5 |
−0.3 |
|
Total
industrial production sold on the non-Lithuanian |
100.0 |
−2.5 |
−3.4 |
−6.3 |
|
Mining and quarrying |
0.5 |
−0.1 |
0.5 |
0.0 |
|
Manufacturing |
98.7 |
−2.5 |
−3.4 |
−6.4 |
|
Manufacture of refined petroleum products |
43.8 |
−4.7 |
−3.7 |
−10.2 |
|
Electricity, gas, steam and air conditioning supply |
0.1 |
0.0 |
−4.5 |
−8.3 |
|
Water
supply; sewerage, waste management and |
0.7 |
0.0 |
−2.2 |
1.1 |
|
Total
industrial production sold on the non-Lithuanian |
56.2 |
−0.7 |
−3.1 |
−2.9 |
|
Manufacturing production, refined petroleum |
54.9 |
−0.7 |
−3.2 |
−3.0 |
Table 2. The greatest influence on the monthly (October 2013, against September) change in prices for industrial production sold by economic activity
Percentage points
|
Economic activity |
Influence |
EVRK |
Economic activity |
Influence |
|
|
Total industrial production sold |
|||||
|
16 |
Manufacture
of wood and wood |
+0.028 |
19 |
Manufacture
of refined petroleum |
−1.394 |
|
22 |
Manufacture
of rubber and plastic |
+0.027 |
20 |
Manufacture
of chemicals and |
−0.127 |
|
33 |
Repair
and installation of machinery |
+0.026 |
10 |
Manufacture of food products |
−0.104 |
|
25 |
Manufacture
of fabricated metal |
+0.015 |
31 |
Manufacture of furniture |
−0.093 |
|
17 |
Manufacture
of paper and paper |
+0.014 |
35 |
Electricity,
gas, steam and air |
−0.031 |
|
Industrial production sold on the Lithuanian market |
|||||
|
18 |
Printing
and reproduction of |
+0.032 |
19 |
Manufacture
of refined petroleum |
−0.370 |
|
22 |
Manufacture
of rubber and plastic |
+0.025 |
35 |
Electricity,
gas, steam and air |
−0.074 |
|
31 |
Manufacture of furniture |
+0.020 |
10 |
Manufacture of food products |
−0.048 |
|
25 |
Manufacture
of fabricated metal |
+0.016 |
20 |
Manufacture
of chemicals and |
−0.046 |
|
30 |
Manufacture
of other transport |
+0.016 |
06 |
Extraction
of crude petroleum and |
−0.031 |
|
Industrial production sold on the non-Lithuanian market |
|||||
|
16 |
Manufacture
of wood and wood |
+0.047 |
19 |
Manufacture
of refined petroleum |
−2.107 |
|
33 |
Repair
and installation of machinery |
+0.034 |
20 |
Manufacture
of chemicals and |
−0.183 |
|
22 |
Manufacture
of rubber and plastic |
+0.029 |
31 |
Manufacture of furniture |
−0.172 |
|
17 |
Manufacture
of paper and paper |
+0.017 |
20 |
Manufacture
of chemicals and |
−0.143 |
|
25 |
Manufacture
of fabricated metal |
+0.014 |
26 |
Manufacture
of computer, |
−0.023 |
1 Ekonominės veiklos rūšių klasifikatorius (EVRK 2 red.).
The overall change in prices for industrial production sold is influenced not only by the rate of change in the price of a certain product but also by the relative share of the industrial production sold within certain economic activity in the overall industrial production.
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