A more recent publication of this set of statistics is available.

Latest publication: Producer price indices 2019, November

Published: 24 January 2017

Producer prices for manufactured products grew by 2.4 per cent from December last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 2.4 per cent from December 2015 to December 2016. Producer prices for manufactured products sold on the domestic market rose by 2.3 per cent, while the producer prices of export products went up by 2.6 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–12/2016

Producer Price Index (PPI) 2010=100, 1/2010–12/2016
The rise in the producer prices for manufactured products was particularly caused by increased prices of oil products and manufacturing of basic metals from December 2015. The rising of the prices was curbed particularly by falls in the prices of paper and paper products, and electronic appliances.

The Export Price Index rose by 2.6 per cent and the Import Price Index by 7.5 per cent in the year. The Basic Price Index for Domestic Supply went up by 3.9 per cent. The Basic Price Index for Domestic Supply including taxes went up by 3.8 per cent.

Export prices were boosted especially by higher prices of oil products and manufacturing of basic metals from the previous year's December. The rising of the prices was curbed above all by falls in the prices of electronic appliances. The rise in import prices was especially caused by higher prices of metal ores and oil products compared with last year's December. The rising of the prices was curbed above all by falls in the prices of food.

From November to December, producer prices for manufactured products went up by 0.8 per cent. The rise was mainly due to increased prices of oil products from the previous month.

Producer Price Indices 2010=100, December 2016

  Index Monthly change, % Annual change, %
Producer Price Index, total 103.6 0.8 2.4
- Producer Price Index, domestic goods 105.9 0.5 2.3
- Producer Price Index, export goods 100.9 1.3 2.6
Export Price Index 100.9 1.3 2.6
Import Price Index 102.5 3.0 7.5
Basic Price Index for Domestic Supply 106.4 1.1 3.9
Basic Price Index for Domestic Supply, incl. taxes 109.7 1.0 3.8

Producer Price Indices 1949=100, December 2016

  Index Monthly change, % Annual change, %
Production Price Index 1910 0.8 2.4
Export Price Index 1647 1.3 2.6
Import Price Index 1529 3.0 7.5
Wholesale Price Index 2206 1.0 3.8

Source: Producer Price Index 2016, December. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Antti Kytönen 029 551 3475, Anna-Riikka Pitkänen 029 551 3466, thi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Updated 24.1.2017

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. December 2016. Helsinki: Statistics Finland [referred: 18.1.2020].
Access method: http://www.stat.fi/til/thi/2016/12/thi_2016_12_2017-01-24_tie_001_en.html