PRODUCERS' PRICE INDICES OF INDUSTRIAL PRODUCTS, SEPTEMBER 2005
In September 2005, as compared to August 2005, the producers’ prices of industrial products increased by 0.8% on the average, then, as compared to September 2004, they increased by 2.1%, and, as compared to December last year, by 2.5%.
Reviewed by Main Industrial Groupings (MIG), in September 2005, as compared to August 2005, the prices of energy increased by 2.8%, the prices of intermediate goods, except energy by 0.3% and the prices of capital goods by 0.2%. At the same time, the prices of durable consumer goods decreased by 0.9% and the prices of non-durable consumer goods by 0.2% on the average.
Reviewed by the NKD 2002. divisions, the increase in September 2005, as compared to August 2005, was shown in the prices of electricity, gas, steam and hot water supply (3.7%, higher prices of electricity), manufacture of coke and refined petroleum products (3.2%), manufacture of basic metals (2.1%), manufacture of pulp, paper and paper products (1.9%) manufacture of electrical machinery and apparatus n. e. c. (1.7%), manufacture of rubber and plastic products (0.7%), manufacture of radio, television and communication equipment and apparatus (0.6%), manufacture of fabricated metal products, except machinery and equipment (0.5%), manufacture of chemical products as well as of extraction of crude petroleum and natural gas (0.4%), manufacture of textiles, manufacture of wood and of products of wood, except furniture; manufacture of articles of straw and plaiting materials and manufacture of machinery and equipment n. e. c. (0.1%).
At the same time, the decrease was shown in the prices of tanning and dressing of leather, manufacture of luggage, handbags, saddler, harness and footwear (-1.2%), manufacture of furniture; manufacturing n .e. c. (-1.0%), manufacture of food products and beverages (-0.4%), manufacture of other non-metallic mineral products, publishing, printing and reproduction of recorded media, manufacture of tobacco products (-0.2%) and other mining and quarrying (-0.1%)
In the remaining six divisions of the industrial production, the prices in September 2005, as compared to August 2005, remained unchanged on the average.
1. PRODUCERS' PRICE
INDICES OF INDUSTRIAL PRODUCTS, BY MAIN INDUSTRIAL
GROUPINGS AND NKD 2002. DIVISIONS, SEPTEMBER 2005
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IX. 2005. |
I.–IX. 2005. |
IX. 2005. |
I.–IX. 2005. |
IX. 2005. |
IX. 2005. |
I.–IX. 2005. |
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INDUSTRIAL PRODUCTS – TOTAL |
104,0 |
102,5 |
102,5 |
101,0 |
100,8 |
102,1 |
103,2 |
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BY MAIN INDUSTRIAL GROUPINGS |
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AE |
Energy |
110,3 |
104,5 |
110,0 |
104,1 |
102,8 |
107,6 |
105,3 |
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AI |
Intermediate goods, except energy |
99,3 |
99,8 |
99,1 |
99,6 |
100,3 |
98,6 |
100,1 |
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B |
Capital goods |
102,1 |
100,5 |
103,1 |
101,5 |
100,2 |
102,1 |
100,3 |
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CD |
Durable consumer goods |
103,8 |
103,5 |
101,2 |
100,9 |
99,1 |
104,0 |
103,8 |
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CN |
Non-durable consumer goods |
101,8 |
101,8 |
100,0 |
100,0 |
99,8 |
100,8 |
102,4 |
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BY NKD 2002.
SECTIONS AND |
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C |
MINING AND QUARRYING |
103,0 |
103,3 |
99,5 |
99,8 |
100,3 |
100,0 |
104,6 |
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11 |
Extraction of crude petroleum and |
103,4 |
103,8 |
99,0 |
99,4 |
100,4 |
99,7 |
105,2 |
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14 |
Other mining and quarrying |
102,0 |
101,6 |
101,5 |
101,1 |
99,9 |
101,3 |
101,9 |
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D |
MANUFACTURING |
103,7 |
102,1 |
103,2 |
101,6 |
100,4 |
102,2 |
102,6 |
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15 |
Manufacture of food products and beverages |
100,2 |
100,1 |
100,4 |
100,3 |
99,6 |
100,0 |
100,1 |
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16 |
Manufacture of tobacco products |
112,0 |
112,4 |
97,9 |
98,3 |
99,8 |
99,4 |
117,8 |
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17 |
Manufacture of textiles |
101,4 |
101,4 |
99,4 |
99,4 |
100,1 |
102,2 |
101,6 |
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18 |
Manufacture of wearing apparel; |
100,3 |
100,2 |
100,2 |
100,1 |
100,0 |
100,3 |
100,2 |
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19 |
Tanning and dressing of leather, manufacture of luggage, handbags, saddler, harness and footwear |
103,3 |
104,6 |
98,6 |
99,8 |
98,8 |
107,7 |
106,3 |
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20 |
Manufacture of wood and of products of wood, except furniture; manufacture of articles of straw and plaiting materials |
100,2 |
99,9 |
100,6 |
100,3 |
100,1 |
100,0 |
99,8 |
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21 |
Manufacture of pulp, paper and paper products |
97,4 |
96,4 |
98,7 |
97,7 |
101,9 |
101,5 |
96,0 |
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22 |
Publishing, printing and reproduction of recorded media |
97,4 |
98,5 |
97,5 |
98,6 |
99,8 |
98,0 |
98,4 |
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23 |
Manufacture of coke and refined |
131,2 |
113,6 |
137,1 |
118,6 |
103,2 |
121,9 |
115,1 |
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24 |
Manufacture of chemicals and chemical products |
106,5 |
106,1 |
101,9 |
101,5 |
100,4 |
102,3 |
107,7 |
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25 |
Manufacture of rubber and plastic products |
102,9 |
103,8 |
100,1 |
100,9 |
100,7 |
102,5 |
104,6 |
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26 |
Manufacture of other non-metallic mineral products |
100,0 |
99,9 |
100,6 |
100,5 |
99,8 |
99,2 |
100,0 |
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27 |
Manufacture of basic metals |
96,6 |
100,5 |
91,9 |
95,6 |
102,1 |
93,2 |
102,1 |
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28 |
Manufacture of fabricated metal products, |
97,7 |
99,7 |
95,3 |
97,3 |
100,5 |
96,3 |
100,5 |
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29 |
Manufacture of
machinery and equipment |
104,3 |
101,3 |
106,7 |
103,6 |
100,1 |
105,4 |
100,9 |
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30 |
Manufacture of office machinery and computers |
100,0 |
100,0 |
100,0 |
100,0 |
100,0 |
100,0 |
100,0 |
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31 |
Manufacture of electrical machinery |
102,8 |
101,6 |
103,6 |
102,4 |
101,7 |
103,3 |
101,6 |
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32 |
Manufacture of radio, television and |
101,5 |
97,5 |
108,4 |
104,1 |
100,6 |
100,7 |
96,4 |
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33 |
Manufacture of medical, precision and optical instruments, watches and clocks |
96,9 |
96,5 |
96,2 |
95,8 |
100,0 |
96,2 |
96,7 |
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34 |
Manufacture of motor vehicles, trailers |
94,5 |
97,4 |
94,8 |
97,7 |
100,0 |
94,8 |
97,3 |
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35 |
Manufacture of other transport equipment |
99,4 |
101,4 |
95,6 |
97,6 |
100,0 |
95,6 |
102,8 |
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36 |
Manufacture of furniture; manufacturing |
104,0 |
103,8 |
101,3 |
101,0 |
99,0 |
104,6 |
104,0 |
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E |
ELECTRICITY, GAS AND WATER SUPPLY |
106,1 |
104,2 |
101,2 |
99,4 |
102,6 |
102,5 |
105,9 |
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40 |
Electricity, gas, steam and hot water |
102,8 |
100,2 |
101,6 |
99,1 |
103,7 |
103,6 |
100,6 |
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41 |
Collection, purification and distribution of water |
115,8 |
115,8 |
100,0 |
100,0 |
100,0 |
100,0 |
122,3 |
NOTES ON METHODOLOGY
Definition
Producers’ prices of industrial products are either prices at which a producer sells its products at the domestic market in the largest quantities, loaded free on rail (truck) at factory gate at the location of a producer or a price charged to another company by a producer. The selling price is increased for the amount of the compensation obtained by the seller, and deducted for the amount of the discount, rebate, value added tax and excises.
Classification and coverage
Producers’ prices of industrial products are collected according to the Nomenclature of Industrial Products (NIP) and the NKD 2002. in such a way that selected legal entities submit them on the monthly basis for selected products from the NKD 2002. sections C, D and E.
For monitoring purposes, the most important products have been selected from each division, that is, products with the highest sale on the domestic market. Legal entities are selected according to their share in production of certain products.
Prices are monitored in about 396 legal entities for approximately 424 industrial products. Some 916 observations are done every month.
Weights
Since January 2002, a structure based on the gross value added, taken from the 2000 Annual Industry Report, has been applied. At the group level, weights represent sale value reduced by exports.
The weighting system is changed every five years, while weights are partly corrected every year, in relation to changes in prices.
Index calculation
Individual indices for each representative product are calculated from data on prices by dividing prices of a current month by prices of a reference month (December of a previous year).
Aggregate indices, that is, indices of a group, division, section, subsection and the total index, are calculated by a weighted arithmetic mean from individual indices according to the modified Laspeyres formula:
Whereby:
I is an index of a group, division, section, subsection and the total index
Pn is a price in a current period (month)
Po is a price in a base period
Wo is a relative sale structure in a base period.
Abbreviations
n.e.c. not elsewhere classified
NKD 2002. National Classification of Activities, 2002 version