Index of producer prices of agricultural products

Producer: Statistics Finland
Homepage: http://www.stat.fi/til/mthi/index_en.html
Main topic: Prices and Costs
Related topics: National AccountsAgriculture, Forestry and Fishery
Official Statistics of Finland (OSF): Yes
European Statistical System (ESS): Yes

Description

The index of producer prices of agricultural products measures developments in the producer prices of vegetable and animal products. The index shows by how much the producer prices of agricultural products have changed when compared with the index base period. As a rule, the weights of the index are calculated from the agricultural accounts of national accounts. The base year is changed at five-year intervals, when the weight structure is also reviewed. The index in use at the moment is 2015=100. A more detailed description of the content of the index is given in Eurostat’s publication Handbook for EU agricultural price statistics.

Data content

Price indices on agricultural products.

Classifications used

The structure of the index is based on Eurostat’s proposal. The six-digit index classification follows, for the most part, the classification of agricultural accounts (which follows statistical classification of economic activities in the European Community, i.e. NACE). The main classification is divided into two main categories, namely output of vegetable products and output of animal products.

Data collection methods and data sources

Most of the price data come from the Natural Resources Institute Finland and from Statistics Finland’s own price data collection from organisations, enterprises and trade outlets.

Data collections

Updating frequency

Quarterly.

Time of completion or release

The index of producer prices of agricultural products is published quarterly within 45 days after the end of the statistical reference quarter on the 15th day of the month. If the 15th day of the month falls on a weekend or public holiday, the index is published on the nearest working day after it. An index forecast for the whole year is published in mid-November. The statistics remain preliminary until yearly adjustment payments for dairy are known.

Time series

Index series are available starting from 1932. The index currently in use is 2015=100.

Keywords

agriculture, farm products, index of producer prices of agricultural products, indices, price indices, prices, producer prices

Contact information

http://tilastokeskus.fi/til/mthi/yht_en.html

Additional information

Information is also available in Eurostat’s publications and databases.


Last updated 14.05.2018