Textile manufactured goods import prices down, Sept

18 Nov '05

4 min read

The terms of trade for 'machinery and transport equipment' amounted to 100.2 percent, i.e. by 0.1 percentage point more than in August.

Year-on-year comparison:
- Import prices decreased by -0.2 percent (growth +0.2 percent in August), export prices decreased by -3.2 percent (-2.6 percent in August). External trade prices were markedly cut in September due to y-o-y appreciation of Czech crown to main foreign currencies. This year-on-year appreciation was more marked than in August.

- Import prices declined in spite of continuing noticeable 'mineral fuels, lubricants and related materials' price growth by +31.9 percent in September (mainly gas, petroleum and petroleum products).

The reason is that prices in all other sections decreased; from more significant sections, the biggest decrease was in prices of 'miscellaneous manufactured articles' by -8.9 percent. Prices of 'machinery and transport equipment' dropped by -4.2 percent (office machines and automatic data-processing machines in particular).

- The biggest influence on the decrease of the total y-o-y export price index was due to price cut in 'manufactured goods classified chiefly by material' by -5.4 percent (mainly leather and leather manufactures).

Prices of 'machinery and transport equipment' decreased by -3.7 percent. As in imports, from more significant sections in terms of weight only prices of 'mineral fuels, lubricants and related materials' increased by +14.2 percent (especially petroleum products and gas).

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