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

Latest publication: Producer price indices 2019, October

Published: 24 September 2019

Producer prices for manufactured products fell by 1.0 per cent from August last year

According to Statistics Finland, producer prices for manufactured products fell by an average of 1.0 per cent from August 2018 to August 2019. Producer prices for manufactured products sold on the domestic market went down by 0.2 per cent, while the producer prices of export products went down by 1.9 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–8/2019

Producer Price Index (PPI) 2015=100, 1/2015–8/2019
Producer prices for manufactured products went down especially due to reductions in the prices of oil products, pulp and basic chemicals from last year’s August.

The export price index fell by 1.8 per cent and the import price index by 2.7 per cent in the year. The Basic Price Index for Domestic Supply went down by 0.2 per cent. The Basic Price Index for Domestic Supply including taxes fell by 0.2 per cent.

Export prices were in particular depressed by the falling prices of oil products, pulp and basic chemicals from August 2018. The fall in import prices was, in turn, especially caused by lower prices of oil products, waste and electricity.

From July to August, producer prices for manufactured products fell by 0.2 per cent. Producer prices decreased particularly due to lower prices of oil products and pulp compared to the previous month.

Producer Price Indices 2015=100, August 2019

  Index Monthly change, % Annual change, %
Producer Price Index, total 105.7 -0.2 -1.0
- Producer Price Index, domestic goods 105.6 -0.2 -0.2
- Producer Price Index, export goods 106.0 -0.2 -1.9
Export Price Index 105.7 -0.2 -1.8
Import Price Index 107.6 -0.9 -2.7
Basic Price Index for Domestic Supply 107.5 -0.3 -0.2
Basic Price Index for Domestic Supply, incl. taxes 107.5 -0.3 -0.2

Producer Price Indices 1949=100, August 2019

  Index Monthly change, % Annual change, %
Production Price Index 2034 -0.2 -1.0
Export Price Index 1755 -0.2 -1.8
Import Price Index 1650 -0.9 -2.7
Wholesale Price Index 2379 -0.3 -0.2

Source: Producer Price Index 2019, August. Statistics Finland

Inquiries: Anna-Riikka Pitkänen 029 551 3466, Veli Kettunen 029 551 2693, thi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Updated 24.9.2019

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. August 2019. Helsinki: Statistics Finland [referred: 8.12.2019].
Access method: http://www.stat.fi/til/thi/2019/08/thi_2019_08_2019-09-24_tie_001_en.html