Chemical products & man-made fibres prices rise in March

22 Apr '08

2 min read

In March 2008, compared to the previous month, prices of agricultural and industrial producers were up by 1.2% and 0.3%, respectively.

In comparison to March 2007, prices of agricultural and industrial producers increased by 26.1% and 5.3%, respectively.

Month-on-month comparison:
Agricultural producer prices grew by 1.2% in total. Prices of crop products rose by 2.7%.

Industrial producer prices rose by 0.3% (+0.1% in February). The growth of the price level was the most markedly influenced by higher prices of 'coke, refined petroleum products' (+3.7%), and 'chemicals, chemical products and man-made fibres' (+0.6% both). Prices went down markedly in 'crude petroleum' (-1.2%), and 'other manufactured goods n.e.c.' (-0.9%).

Year-on-year comparison:
Agricultural producer prices were higher by 26.1% (+27.1% in February).

Industrial producer prices grew by 5.3% (+5.6% in February). Prices of 'coke, refined petroleum products' increased by 26.5%. Among the main industrial groupings, the most significant price increases were recorded for 'energy' (+14.6%) and 'non-durable consumer goods' (+6.0%)

Industrial producer prices in the EU – February 2008
According to the Eurostat News Release, industrial producer prices in the EU27 grew by 0.5% month-on-month in February 2008 (+1.1% in January).

Among the member states, for which data are available, the highest increases were recorded in Slovakia (+2.5%), Belgium(+1.5%) and Slovenia (+1.4%). Prices in Germany increased by 0.7%. Prices went down only in Luxembourg (-3.3%) and Denmark (-0.7%).

Year-on-year, prices in the EU27 were higher by 6.1% in February 2008 (+5.9% in January). The highest increases were observed in Lithuania (+17.3%), Bulgaria (+14.0%) and Romania (+13.6%), the lowest in Germany (+3.8%), Luxembourg (+4.2%) and Finland (+4.7%). Prices in Slovakia went up by 5.1%. A price decrease was registered in none of the countries.

Czech Statistical Office

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