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Published: 17 January 2011

Producer prices for manufactured products rose by 7.8 per cent in the year

According to Statistics Finland, producer prices for manufactured products rose by an average of 7.8 per cent from December 2009 to December 2010. Producer prices for manufactured products sold on the domestic market rose by 8.7 per cent, while the producer prices of export industries went up by 6.6 per cent.

Producer Price Index (PPI) 2005=100, 2005:01–2010:12

Producer Price Index (PPI) 2005=100, 2005:01–2010:12
The export price index rose by 6.9 per cent and the import price index by 11.2 per cent in the year. The basic price index for domestic supply went up by 8.8 per cent and the year-on-year change in the wholesale price index was 10.5 per cent.

The rise in the producer prices for manufactured products was particularly caused by increased prices of metals, oil products, pulp and electricity from December 2009. The rising of the prices was curbed above all by falls in the prices of electronic products.

From November to December, producer prices for manufactured products went up by 1.5 per cent. The rise was mainly due to increases in the prices of electricity and oil products.

Producer Price Indices 2005=100

  Index 2010:12 2010:11 - 2010:12, % 2009:12 - 2010:12, %
Producer Price Index, total 111.6 1.5 7.8
- Producer Price Index, domestic goods 123.0 2.1 8.7
- Producer Price Index, export goods 100.4 0.7 6.6
Export Price Index 100.9 1.0 6.9
Import Price Index 114.3 2.6 11.2
Basic Price Index for Domestic Supply 118.4 1.8 8.8
Wholesale Price Index 118.1 2.0 10.5

Producer Price Indices 1949=100

  Index 2010:12 2010:11 - 2010:12, % 2009:12 - 2010:12, %
Production Price Index 1899 1.5 7.8
Export Price Index (fob) 1677 1.0 6.9
Import Price Index (cif) 1562 2.6 11.2
Wholesale Price Index 2089 2.0 10.5

Source: Producer Price Index 2010, December. Statistics Finland

Inquiries: Toni Udd (09) 1734 3380, Anna-Riikka Pitkänen (09) 1734 3466, Marja Ikonen (09) 1734 3480, Merja Pokela (09) 1734 3283, thi.tilastokeskus@tilastokeskus.fi

Director in charge: Kari Molnar

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Updated 17.1.2011

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. December 2010. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/thi/2010/12/thi_2010_12_2011-01-17_tie_001_en.html