Producer and import price index , October 2016
Producer prices increased in October
Statistical news from Statistics Sweden 2016-11-24 9.30
Producer prices in total increased 2.0 percent between September and October. In the same period, prices increased 2.3 percent on the import market and 2.1 percent on the export market. On the domestic market, prices increased 1.9 percent.
There was a seasonally normal price increase for the prices of district heating, which contributed most to the upturn on the domestic market in October. On the export market, higher prices for electricity contributed to the increase. The major contribution to the increase on the import market was higher prices for crude oil.
Prices for domestic supply, that is producer prices on the domestic and import markets together, increased 2.1 percent from September to October and 1.8 percent compared with October last year.
Compared with October last year, producer prices in total have increased 2.2 percent. In the same period, prices on both the import market and the export market increased 1.3 percent and 2.4 percent respectively. On the domestic market, prices have increased 2.1 percent in the same period.
| Total: B-E* | Index | Change, percent (monthly) | Change, percent (yearly) |
|---|---|---|---|
| October 16, 2005=100 | September 16- October 16 | October 15- October 16 | |
|
Producer Price Index
|
115.2 | 2.0 | 2.2 |
|
Manufacturing
|
115.2 | 1.4 | 1.4 |
|
Producer Price Index, home sales
|
120.3 | 1.9 | 2.1 |
|
Electricity, gas, heating
|
124.5 | 11.5 | 8.1 |
|
Electricity
|
107.4 | 11.2 | 16.1 |
|
Export Price Index
|
110.6 | 2.1 | 2.4 |
|
Import Price Index
|
108.7 | 2.3 | 1.3 |
|
Price Index for domestic supply
|
114.4 | 2.1 | 1.8 |
|
Consumer goods
|
120.2 | 0.8 | 1.8 |
|
Capital goods
|
105.8 | 0.7 | 1.3 |
|
Intermediate goods
|
119.6 | 0.6 | 0.0 |
|
Energy related goods**
|
114.2 | 10.8 | 6.7 |
* 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 in October
An appreciation or depreciation of the Swedish currency has a tendency to lower or raise export and import prices in Swedish kronor. According to Swedish Customs exchange rates, the Swedish krona depreciated against the US dollar by 2.6 percent and against Norwegian Krone by 1.7 percent. The Swedish currency also depreciated against the Euro by 1.2 percent, against the British Pound by 1.1 percent and against the Danish Krone by 1.0 percent.
| Product group according to SPIN 2007 | Largest contributions, in percentage points, to total percentage change, September-October | |||||
|---|---|---|---|---|---|---|
| Producer Price Index, home sales | Export Price Index | Import Price Index | ||||
|
06.1
|
Crude oil
|
0.5 | ||||
|
10
|
Food products
|
0.2 | ||||
|
17.1
|
Pulp, paper and paperboard
|
0.1 | ||||
|
20.13
|
Other inorganic basic chemicals
|
-0.1 | ||||
|
20.14
|
Other organic basic chemicals
|
0.1 | 0.1 | |||
|
24.1
|
Basic iron and steel and ferro-alloys
|
0.1 | 0.1 | |||
|
25
|
Fabricated metal products, except machinery and equipment
|
0.1 | ||||
|
26
|
Computers, electronic and optical products
|
0.2 | ||||
|
28
|
Machinery and equipment
|
0.1 | 0.1 | |||
|
29
|
Motor vehicles, trailers and semi-trailers
|
0.1 | 0.1 | |||
|
35.11
|
Electricity
|
0.5 | 0.2 | 0.2 | ||
|
35.3
|
District heating
|
0.8 | ||||
|
38.11
|
Non-hazardous waste; collection services of non-hazardous waste
|
-0.1 | ||||
Next publishing will be
Statistics for November will be published 2016-12-22 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.