Export price indices – April 2018

Published: 22.06.2018 Related countries:  U.S.A. U.S.A.

Czech Statistical Office: In April 2018, export prices decreased by 0.1% (m-o-m) and they declined 3.9% (y-o-y).

Month-on-month comparison:

Export prices fell 0.1% in April (+0.4% in March). The change of the total m-o-m export price index was led mainly by a 0.2% price decline in ‘machinery and transport equipment’. Prices in ‘mineral fuels, lubricants, and related products’ dropped 1.0%, ‘crude materials, inedible, except fuels’ fell 0.4%. Only price growth was recorded in ‘manufactured goods classified chiefly by material’ (+0.2%).

Year-on-year comparison:

Exports: mainly due to strengthening of Czech koruna against euro and U.S. dollar export prices fell 3.9% (-4.3% in March). A 4.9% price decline in ‘machinery and transport equipment’ contributed to the decrease in overall y-o-y export price index. ‘Chemicals and related products’, ‘food and live animals’ and ‘miscellaneous manufactured articles’ prices dropped 5.7%, 4.8% and 4.7%, respectively. Prices grew only in ‘manufactured goods classified chiefly by material’ (+0.1%).

Published by the team of CzechTrade foreign office in Chicago.

Source : https://www.czso.cz/csu/czso/ari/export-and-import-price-indices-april-2018