Export and import price indices

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In April 2021 export and import prices increased on a month-over-month basis by 0.8% and 0.4% respectively. The terms of trade reached the value of 100.4%. Export and import prices increased year on year by 1.1% and 0.3% respectively. The terms of trade reached the value of 100.8%.

Monthly comparison
Export price
increased by 0.8% (after adjustment for exchange rate effects of 1.6%), month-on-month (ma) in April 2021. The increase in the monthly export price index was mainly affected by an increase in the prices of “manufactured products classified mainly by material” of 1.8%. TThe highest price increase was recorded in “Raw materials, inedible, except fuels”, in particular wood, pulp and waste paper, “mineral fuels, lubricants and related materials”, electric current significantly, and in “chemicals and related products” of 6.0%, 4.0% and 3.1%, respectively. Prices fell 0.1% in “machinery and transport equipment” and “miscellaneous manufactured items”.

Import priceincreased by 0.4% (after adjusting for currency effects of 1.2%), mum, in April 2021. The biggest effect on an overall increase in the monthly import price index was brought about mainly by a 2.2% increase in “chemicals and allied products”. The prices were raised the most in “raw materials, inedible, except fuels”, in particular metal ores, scrap metal and wood, and in “mineral fuels, lubricants and related materials”, significantly the current electric and coal, 3.7% and 3.4%, respectively. Prices fell in “machinery and transport equipment” and “miscellaneous manufactured articles” by 0.8% and 0.2%, respectively.

the terms of trade reaches the value of 100.4% (99.8% in March 2021). The highest positive terms of trade values ​​were reached in “raw materials, inedible, except fuels” (102.2%) and in “manufactured products classified mainly by material” (101 , 0%). Negative terms of trade values ​​were only reached in “drinks and tobacco” (99.4%).

“In April 2021, there was a slight monthly appreciation of the CZK against the EUR and the USD, which contributed to a slowdown in export price growth of 0.8% and import price growth of 0.4% compared to March 2021. The significant price growth is particularly evident in “mineral fuels, lubricants and related materials” and in “raw, inedible, to the fuel exception “in the year-over-year comparison of exports and imports, in particular the growth in the prices of petroleum products, electric power and scrap metal, ‘ Vladimir Klimeí, noted the head of the Unit for Industrial Price and International Trade Statistics of the Czech Statistical Office.

Year-to-year comparison
Export price increased by 1.1% (after adjustment for exchange rate effects of 5.6%), from one year to the next (year-on-year). The growth of the export price index was mainly affected by an increase in the prices of “mineral fuels, lubricants and related materials”, in particular electric power and petroleum products, by 46.5%. Prices increased the most in “raw materials, inedible, except fuels”, in particular scrap iron, wood and waste paper, by 30.3%. Prices declined in “miscellaneous manufactured articles” and “machinery and transport equipment” by 4.3% and 1.3%, respectively.

Import priceincreased by 0.3%, year-on-year (after adjustment for exchange rate effects of 5.4%). The growth in the prices of “mineral fuels, lubricants and related materials”, in particular petroleum and petroleum products, eelectricity and gas, at 47.7%, had the strongest effect on the increase in the annual import price index. The prices of “raw materials, inedible, excluding fuels”, notably metalliferous ores and scrap, also increased by 15.5%. Prices fell the most in “machinery and transport equipment” and “miscellaneous manufactured items” by 5.6% and 5.5%, respectively.

the terms of trade reached the value of 100.8% (100.9% in March 2021) and for the fourteenth consecutive month remained in positive values. The highest terms of trade values ​​were achieved in “raw materials, inedible, except fuels” (112.8%). Conversely, the lowest terms of trade values ​​were recorded in “drinks and tobacco” (95.4%).

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Remarks:
Head of CZSO: Jiří Mrázek, Director of the Department of Price Statistics, phone: (+420) 274 052 533, e-mail: [email protected]
Contact person: Vladimír Klimeš, Head of the Unit for Industrial Price and International Trade Statistics, phone: (+420) 274 054 102, e-mail: [email protected]
Data source: CZSO sample survey
End of data collection: 15th calendar day after the end of the reference month
Related
Document published on the Internet: 013014-21 Indices of import and export prices in the Czech Republic
https://www.czso.cz/csu/czso/export-and-import-price-indices
Specific methodological notes: The data published in the press release are definitive data.
Next press release
will be published on: July 13, 2021

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