Food prices recorded the largest increase among external trade prices
15 January 2013


In November 2012, export prices increased by 0.9%, import prices by 0.9%, month-on-month. Export prices went up by 0.3%, import prices by 1.3%, year-on-year. The terms of trade figures reached 100.0%, m-o-m, and 99.0%, y-o-y.

Month-on-month comparison:

Exports: export prices increased by 0.9% in November (+0.5% in October). The change of the total m-o-m export price index was driven mainly by a 1.4% price growth in 'machinery and transport equipment'. Among important sections, prices rose in 'food and live animals' (+2.4%), 'chemicals and related products' (+1.0%), 'miscellaneous manufactured articles' (+0.5%) and 'manufactured goods classified chiefly by material' (+0.4%). Prices decreased in 'mineral fuels, lubricants and related materials' (-1.4%) and 'crude materials, inedible, except fuels' (-0.1%).

Imports: import prices increased by 0.9% (+0.3% in October). The change of the total m-o-m import price index was driven mainly by a 1.0% price growth in 'machinery and transport equipment'. Significant growth was recorded in 'food and live animals' (+2.4%); prices in 'miscellaneous manufactured articles', 'chemicals and related products' and 'mineral fuels, lubricants and related material' increased identically by 0.8%. Significant price drop was registered in 'crude materials, inedible, except fuels' (-2.2%).

The terms of trade figures slightly decreased to 100.0% (100.2% in October). Positive values of the terms of trade figures, among important sections, were recorded in 'crude materials, inedible, except fuels' (102.1%), 'machinery and transport equipment' (100.4%) and 'chemicals and related products' (100.2%). Significant negative values of the terms of trade figures reached 'mineral fuels, lubricatns and related materials' (97.8%), 'manufactured goods classified chiefly by material' (99.7%) and 'miscellaneous manufactured articles' (99.7%).

Year-on-year comparison:

Exports: export prices increased by 0.3% (+1.3% in October). The change of the total y-o-y export price index was driven mainly by a 4.0% price growth in 'chemicals and related products'. Among important sections, price growth was registered in 'food and live animals' (+5.5%), 'miscellaneous manufactured articles' (+1.7%) and 'machinery and transport equipment' (+0.5%). Significant price drop was recorded in 'mineral fuels, lubricants and related materials' (
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