Producer and import price index, February 2018:
Lower export and import prices in February 2018
Statistical news from Statistics Sweden 2018-03-27 9.30
Producer prices in total industry fell by 0.5 percent between January and February 2018. In the same period prices decreased by 1.7 percent on the import market and by 1.0 percent on the export market under the influence of a stronger Swedish krona. On the domestic market, producer prices increased by 0.1 percent.
Domestic supply prices, that is, producer prices on the domestic and import markets together, decreased by 0.8 percent from January to February.
Changes during the last month
The domestic, export and import markets contributed price increases to electricity. The upturn in all markets was counteracted by lower producer prices in several other product groups under the influence of a weaker US dollar. In particular, the producer price of crude oil contributed to the decline in the import market.
Changes during the last year
In the last year, producer prices, that is, producer prices on the domestic and export markets together, have increased by 2.8 percent. In the same period, prices on the import market increased by 2.6 percent and the export market increased by 2.4 percent. On the domestic market, prices increased by 3.1 percent. Prices for domestic supply increased by 2.9 percent compared with the same period last year.
| Total: B-E* | Index | Change, percent (monthly) | Change, percent (yearly) |
|---|---|---|---|
| February 18, 2015=100 | January 18 – February 18 | February 17 – February 18 | |
|
Producer Price Index
|
107.2 | ‑0.5 | 2.8 |
|
Manufacturing
|
105.0 | ‑0.8 | 2.4 |
|
Producer Price Index, home sales
|
108.4 | 0.1 | 3.1 |
|
Electricity, gas, heating
|
122.1 | 3.7 | 5.4 |
|
Electricity
|
122.9 | 12.1 | 13.9 |
|
Export Price Index
|
106.0 | ‑1.0 | 2.4 |
|
Import Price Index
|
105.6 | ‑1.7 | 2.6 |
|
Price Index for domestic supply
|
107.0 | ‑0.8 | 2.9 |
|
Consumer goods
|
103.7 | ‑0.7 | 0.8 |
|
Capital goods
|
102.1 | ‑0.4 | 1.1 |
|
Intermediate goods
|
107.2 | ‑0.4 | 4.3 |
|
Energy related goods**
|
118.6 | ‑2.5 | 5.5 |
* 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 January to february
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 appreciated against the American dollar by 4.7 percent, against euro and the Danish krona by 0.7 percent. The Swedish krona depreciated against the Norwegian krona by 1.8 percent and the British pound by 0.2 percent.
Product group according to SPIN 2015 | Largest contributions, in percentage points, to total percentage change, January – February | |||||
|---|---|---|---|---|---|---|
| Producer Price Index, home sales | Export Price Index | Import Price Index | ||||
|
06.1
|
Crude oil
|
-0.7 | ||||
|
10
|
Food products
|
-0.1 | ||||
|
20
|
Chemical and chemical products
|
-0.1 | ||||
|
21.2
|
Pharmaceutical preparations
|
-0.1 | ||||
|
24.1
|
Basic iron and steel and ferro-alloys
|
0.1 | ||||
|
24.4
|
Basic precious and other non-ferrous metals
|
-0.1 | -0.1 | |||
|
26
|
Computer, electronic and optical products
|
-0.1 | -0.1 | |||
|
27
|
Electrical equipment
|
-0.1 | ||||
|
27.9
|
Other electrical equipment
|
0.1 | ||||
|
28
|
Machinery and equipment n.e.c.
|
-0.1 | -0.1 | |||
|
29
|
Motor vehicles, trailers and semi-trailers
|
-0.1 | -0.1 | |||
|
35.11
|
Electricity
|
0.5 | 0.2 | 0.1 | ||
|
38.1
|
Waste; waste collection services
|
-0.1 | ||||
Next publishing will be
Statistics for March will be published on 2018-04-26 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.