In October, compared to September, producer prices for industrial production increased by 0.4 percent, excluding oil refining products – 0.1 percent, the Lithuanian Department of Statistics reported.
The general change in prices was mainly due to the increase in the prices of refined petroleum products, chemicals and chemical products as well as the fall in prices of beverages, rubber and plastic products.
The prices of sold production on the Lithuanian market increased by 0.6%. Monthly, excluding crude oil refining products – by 0.1%.
Most – 9.3% – oil production increased in price. Maximum – 4.8% – Drinks have fallen in price. Prices of fruit and berries and vegetables increased by 12.4%, poultry and other meat products – 3.8%, sugar – 2.9%, but prices of processed and preserved fruit and vegetables decreased by 3.9% percent, cocoa, chocolate and sweets – 3.8 percent, processed and preserved poultry meat – 3.6 percent
The prices of products sold on the non-Lithuanian market increased by 0.3% during the month, excluding crude oil refining products – 0.2%.
The prices of products sold on the euro area market in the month increased by 0.9%, on the market from outside the euro area – almost did not change.
During the year (October 2018, Compared to October 2017), All producer prices for industrial production increased by 9.1%, excluding petroleum refined products – by 3.4%.
The prices of industrial production sold on the domestic market increased by 5.8% annually, excluding refined petroleum products – by 2.6%.
The prices of products sold on the domestic market during the year increased by 11.5%, excluding refined petroleum products by 4.1%.
The prices of products sold on the euro area market during the year increased by 10.1%, while the market from outside the euro area increased by 12.1%.