CSA Canadian Securities Administrators : Manufacturing output prices almost 3 percent up

Show datatableProducer prices (year-on-year % change)Hide datatableProducer prices (year-on-year % change)

Year	Month	change
2016	January	-2.7
	February	-5
	March	-5.4
	April	-5.9
	May	-5.3
	June	-4.5
	July	-4.2
	August	-2.2
	September	-0.7
	October	1.5
	November	1
	December	4.4
2017	January	7
	February	8.6
	March	7.7
	April	7.5
	May	4.9
	June	3
	July	3.1
	August	3.6
	September	4.1
	October	2.8
	November	3.8
	December	2.1
2018	January	1.5
	February	0.3
	March	0.6
	April	1
	May	3.7
	June	5
	July	5.4
	August	5.2
	September	4.8
	October	5.3
	November	2.7
	December	0.6
2019	January	1
	February	2.1
	March	2.6
	April	3.3
	May	2
	June	0.4
	July	0.1
	August	-0.8
	September	-0.7
	October	-1.6
	November	0.1
	December	2.6

Crude oil price up

In December 2019, the crude oil barrel price stood at almost 59 euros, approximately 15 percent up on December 2018. In November 2019, the price of a barrel of crude North Sea Brent oil was almost 57 euros, over 2 percent lower than in November 2018.

Output prices are strongly affected by crude oil price developments. In December, prices of petroleum derivatives increased by 12.2 percent year-on-year. Prices were down by 5.4 percent in November.

In the chemical industry as well, output prices are generally linked to crude oil price developments. Output prices of chemical products were 4.2 percent lower in December than in the same month one year previously. In November, prices decreased by 7.3 percentyear-on-year.

Prices in most sectors of manufacturing were higher in December 2019 than in the same month one year previously.

Prices of manufactured products increased in December

Manufacturing output prices rose by 0.3 percent in December relative to November. They increased by 0.6 percent on the domestic market and by 0.1 percent on the export market.

Show datatableIndex producer prices (2015=100)Hide datatableIndex producer prices (2015=100)

Year	Month	(2015=100)
2016	January	95.5
	February	94.7
	March	95.5
	April	96
	May	97.2
	June	98.1
	July	97.7
	August	97.6
	September	98.1
	October	99.5
	November	99.3
	December	101
2017	January	102.2
	February	102.9
	March	102.8
	April	103.2
	May	102
	June	101.1
	July	100.7
	August	101.1
	September	102.1
	October	102.3
	November	103.1
	December	103.1
2018	January	103.7
	February	103.2
	March	103.5
	April	104.2
	May	105.7
	June	106.1
	July	106.2
	August	106.4
	September	107.1
	October	107.7
	November	105.9
	December	103.7
2019	January	104.7
	February	105.3
	March	106.2
	April	107.7
	May	107.9
	June	106.5
	July	106.3
	August	105.5
	September	106.1
	October	106
	November	106.1
	December	106.4