Price index of first-hand domestic sales, 15 June 2003

Prices of mineral fuels, lubricants and related materials showed nearly no changes from May to June.

Among these products petroleum and petroleum products went up 2.4 per cent, while electricity prices declined by 7.8 per cent. Chemicals and related products and crude materials declined by 0.8 and 2.4 per cent respectively. Prices of food went up 0.3 per cent. This increase was caused by lower prices of meat, cereals and vegetables.

On the domestic market overall prices went up 0.1 per cent. The main reason for the rise in the domestic market was the increase of the price of crude materials, while the price of these materials declined in the domestic and the import market.

The 12-month rate, June 2002 to June 2003: 6.2 per cent increase

The overall 12-month rate increased by 6.2 per cent. This increase was to some extent caused by 16 per cent higher prices of mineral fuels, lubricants and related materials. Prices of electricity rose by 62.3 per cent, while lower prices of petroleum and petroleum products pulled in the other direction.

Prices of food went down 1.3 per cent compared with May 2002. This decline was among other things caused by lower prices of meat, fish and vegetables. Machinery and transport equipment decreased by 2.0 per cent. In this group the largest decline occurred in prices of office machines and data processing machines.