Producer and import price index, March 2018:
Annual rate of producer prices increased in March
Statistical news from Statistics Sweden 2018-04-26 9.30
Producer prices in total increased by 1.2 percent between February and March 2018. In the same period last year, producer prices decreased by 0.1 percent. Thus, the annual rate increased from 2.8 to 4.0 percent between February and March 2018. From February and March, prices increased by 1.6 percent on the import market and on the export market under the influence of a weaker Swedish krona. On the domestic market, producer prices increased by 0.7 percent.
Domestic supply prices, that is, producer prices on the domestic and import markets together, increased by 1.2 percent from February to March.
Changes during the last month
Higher electricity prices had a major impact on the domestic, import and export markets. On the import market, the main contributor was increased prices on computer, electronic and optical products. Price increases on pulp, paper and paperboard was the main contributor to the increase on the export market. Furthermore, a weaker Swedish krona has positively affected prices on the import and export markets.
Changes during the last year
The annual rate of producer prices, that is producer prices on the domestic and export markets together, increased by 4.0 percent. In the same period, prices increased by 5.0 percent on the import market and by 4.2 percent on the export market. On the domestic market, prices increased by 4.0 percent. Domestic supply prices increased by 4.5 percent on an annual basis.
| Total: B-E* | Index | Change, percent (monthly) | Change, percent (yearly) |
|---|---|---|---|
| March 18, 2015=100 | February 18 – March 18 | March 17 – March 18 | |
|
Producer Price Index
|
108.5 | 1.2 | 4.0 |
|
Manufacturing
|
106.0 | 1.0 | 3.6 |
|
Producer Price Index, home sales
|
109.2 | 0.7 | 4.0 |
|
Electricity, gas, heating
|
125.1 | 2.5 | 10.3 |
|
Electricity
|
133.7 | 8.8 | 28.2 |
|
Export Price Index
|
107.7 | 1.6 | 4.2 |
|
Import Price Index
|
107.3 | 1.6 | 5.0 |
|
Price Index for domestic supply
|
108.3 | 1.2 | 4.5 |
|
Consumer goods
|
104.5 | 0.8 | 1.1 |
|
Capital goods
|
103.0 | 0.9 | 2.0 |
|
Intermediate goods
|
108.3 | 1.0 | 5.5 |
|
Energy related goods**
|
121.6 | 2.5 | 12.2 |
* Products from mining and quarrying, manufactured products, electricity, gas, heating, cooling, water and waste collection. ** Subgroups 05, 06, 19, 35 and 36: Energy minerals (mainly crude oil), coal, refined petroleum products, nuclear fuel, electricity, gas, heating, cooling and water.
Changes in exchange rates from February to March
An appreciation or depreciation of the Swedish currency has a tendency to lower or raise export and import prices in Swedish krona. According to Swedish Customs’ exchange rates, the Swedish krona depreciated against the US dollar by 1.7 percent, against the euro and the Danish krona by 1.5 percent, against the Norwegian krona by 1.0 percent and against the British pound by 0.6 percent.
| Product group according to SPIN 2015 | Largest contributions, in percentage points, to total percentage change, February – March | |||||
|---|---|---|---|---|---|---|
| Producer Price Index, home sales | Export Price Index | Import Price Index | ||||
|
06.1
|
Crude oil
|
0.1 | ||||
|
06.2
|
Natural gas, liquefied or in gaseous state
|
0.1 | ||||
|
10
|
Food products
|
0.1 | ||||
|
16.1
|
Wood, sawn and planed
|
0.1 | 0.1 | |||
|
17.1
|
Pulp, paper and paperboard
|
0.3 | ||||
|
20
|
Chemical and chemical products
|
0.1 | 0.1 | |||
|
24
|
Basic metals
|
0.2 | 0.1 | |||
|
26
|
Computer, electronic and optical products
|
0.3 | ||||
|
27
|
Electrical equipment
|
0.2 | ||||
|
28
|
Machinery and equipment n.e.c.
|
0.2 | 0.1 | |||
|
29
|
Motor vehicles, trailers and semi-trailers
|
0.1 | ||||
|
29.3
|
Parts and accessories for motor vehicles
|
0.1 | ||||
|
35.11
|
Electricity
|
0.4 | 0.2 | 0.1 | ||
|
35.3
|
Steam and air conditioning supply services
|
-0.1 | ||||
|
38
|
Waste collection, treatment and disposal services; materials recovery services
|
0.1 | ||||
Next publishing will be
Statistics for April will be published on 2018-05-24 at 09:30.
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.