Analytics, Industry, Lithuania, Statistics
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Friday, 29.03.2024, 14:00
In July 2018, prices for the total industrial production in Lithuania sold increased by 1 %
The greatest influence on the change in prices for
industrial production sold by economic activity is provided in Table 1.
Over the month, prices for industrial production sold on the
Lithuanian market increased by 0.7%, refined petroleum products excluded – by
0.7% as well. The largest increase in prices was observed for waste management
and remediation activities, material recovery production – 4.1%. The largest
decrease in prices was observed for extraction of crude petroleum – 9.2%. Among
food products, a decrease in prices was observed for prepared meals and dishes
(8.3%), prepared pet food (2.8%), milk and cheese products (1.6%), an increase
- condiments and seasonings (13.6%), ice-cream (3.2%), fruit, berry and
vegetable juice (1.9%).
Over the month, prices for industrial production sold on the
non-Lithuanian market increased by 1.2%, refined petroleum products excluded –
by 0.8%.
Over the month, the overall price change for industrial
production sold on the euro area market increased by 0.3 %, on the non-euro
area market – by 1.7%.
The overall change in prices for industrial production sold
is influenced not only by the rate of change in the price of a certain product
but also by the relative share (weight) of the industrial production sold
within certain economic activity in the total industrial production.
Fig. 1. Changes in prices for industrial production sold over the month
Compared to the previous month
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* Provisional data
** Revised data
Table 1. The greatest influence on the monthly (July 2018, against June) change in prices for industrial production sold by economic activity according to EVRK Rev. 21
Economic activities | Price growth, drop (–),% | Influence, percentage points |
---|---|---|
Total industrial production sold | ||
Manufacture of refined petroleum products | 1.8 | +0.408 |
Manufacture of chemicals and chemical products | 3.4 | +0.312 |
Electricity, gas, steam and air conditioning supply | 2.5 | +0.198 |
Manufacture of rubber and plastic products | 2.4 | +0.104 |
Manufacture of wood and of products of wood, except furniture | 1.5 | +0.070 |
Manufacture of paper and paper products | –0.4 | –0.008 |
Extraction of crude petroleum | –5.8 | –0.010 |
Repair and installation of machinery and equipment | –1.1 | –0.017 |
Manufacture of other non-metallic mineral products | –0.8 | –0.018 |
Manufacture of food products | –0.8 | –0.137 |
Total industrial production sold on the Lithuanian market | ||
Electricity, gas, steam and air conditioning | 2.5 | +0.492 |
Manufacture of chemicals and chemical products | 3.5 | +0.130 |
Manufacture of furniture | 1.2 | +0.068 |
Manufacture of wood and of products of wood, except furniture | 1.5 | +0.060 |
Manufacture of refined petroleum products | 0.5 | +0.059 |
Manufacture of crude oil | –9.2 | –0.024 |
Manufacture of paper and paper products | –0.9 | –0.025 |
Repair and installation of machinery and equipment | –2.2 | –0.036 |
Manufacture of other non-metallic mineral products | –1.2 | –0.046 |
Manufacture of food products | –0.3 | –0.055 |
Industrial production sold on the non-Lithuanian market | ||
Manufacture of refined petroleum products | 2.2 | +0.643 |
Manufacture of chemicals and chemical products | 3.4 | +0.435 |
Manufacture of rubber and plastic products | 2.9 | +0.141 |
Manufacture of wood and of products of wood, except furniture | 1.5 | +0.076 |
Manufacture of fabricated metal products, except machinery and equipment | 1.7 | +0.055 |
Repair and installation of machinery and equipment | –0.3 | –0.004 |
Manufacture of beverages | –0.7 | –0.008 |
Manufacture of furniture | –0.1 | –0.011 |
Manufacture of electrical equipment | –0.6 | –0.011 |
Repair of food products | –1.5 | –0.192 |
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1 National version of NACE Rev. 2
The overall change in prices for industrial production sold is influenced not only by the rate of change in the price of a certain product but also by the relative share (weight) of the industrial production sold within certain economic activity in the total industrial production.
Over the year (July 2018, against July 2017), prices for the total
industrial production sold increased by 9.4, refined petroleum products
excluded – 2.5%.
Over the year, prices for industrial production sold on the
Lithuanian market increased by 5.3%, refined petroleum products excluded – 2%.
Over the year, prices for industrial production sold on the
non-Lithuanian market increased by 12.4%, refined petroleum products excluded –
3%.
Over the year, prices for industrial production sold on the
euro area market increased by 7.5, on the non-euro area market – 15.5%.
Fig. 2. Changes in prices for industrial production sold over the year
Compared to the respective month of the previous year
________________________
* Provisional data
** Revised data
Table 2. Changes in prices for industrial production sold, July 2018
Per cent
Economic activity | Relative share (weight) in total industrial production | Price growth, drop (–) June 2018, against | ||
---|---|---|---|---|
June 2018 | 2017 | |||
December | July | |||
Total industrial production sold | 100.0 | 1.0 | 5.1 | 9.4 |
Mining and quarrying | 0.9 | –1.1 | 3.3 | 11.4 |
Manufacturing | 90.3 | 0.9 | 5.1 | 9.7 |
Manufacture of refined petroleum products | 20.8 | 1.8 | 16.3 | 39.7 |
Electricity, gas, steam and air conditioning supply | 8.0 | 2.5 | 5.1 | 7.6 |
Water supply; sewerage, waste management and remediation activities | 0.8 | 1.3 | 1.5 | 1.5 |
Total industrial production, refined petroleum products excluded | 79.2 | 0.8 | 2.1 | 2.5 |
Manufacturing production, refined petroleum products excluded | 69.5 | 0.6 | 1.7 | 1.8 |
Total industrial production sold on the Lithuanian market | 100.0 | 0.7 | 3.1 | 5.3 |
Mining and quarrying | 1.3 | –1.5 | 4.6 | 9.9 |
Manufacturing | 77.6 | 0.3 | 2.5 | 4.7 |
Manufacture of refined petroleum products | 11.9 | 0.5 | 13.5 | 33.6 |
Electricity, gas, steam and air conditioning supply | 19.7 | 2.5 | 5.1 | 7.6 |
Water supply; sewerage, waste management and remediation activities | 1.4 | 1.8 | 3.6 | 1.4 |
Total industrial production sold on the Lithuanian market, refined petroleum products excluded | 88.1 | 0.7 | 1.7 | 2.0 |
Manufacturing production, refined petroleum products excluded | 65.7 | 0.2 | 0.5 | 0.2 |
Total industrial production sold on the non-Lithuanian market | 100.0 | 1.2 | 6.4 | 12.4 |
Mining and quarrying | 0.5 | –0.3 | 1.1 | 15.0 |
Manufacturing | 99.1 | 1.2 | 6.5 | 12.4 |
Manufacture of refined petroleum products | 27.0 | 2.2 | 17.2 | 41.6 |
Electricity, gas, steam and air conditioning supply | - | - | - | - |
Water supply; sewerage, waste management and remediation activities | 0.4 | 0.0 | –4.2 | 0.5 |
Total industrial production sold on the non-Lithuanian market, refined petroleum products excluded | 73.0 | 0.8 | 2.5 | 3.0 |
Manufacturing production, refined petroleum products excluded | 72.1 | 0.8 | 2.5 | 2.9 |
Total industrial production sold on the euro area market | 100.0 | 0.3 | 3.2 | 7.5 |
Total industrial production sold on the non-euro area market | 100.0 | 1.7 | 8.3 | 15.5 |
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- Such a phenomenon (indicator) was not observed during the respective period.