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

Latest publication: Producer price indices 2020, June

Published: 24 January 2020

Producer prices for manufactured products fell by 0.8 per cent from December last year

According to Statistics Finland, producer prices for manufactured products fell by an average of 0.8 per cent from December 2018 to December 2019. The producer prices for manufactured products sold on the domestic market declined by 1.1 per cent, while the producer prices of export products fell by 0.4 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–12/2019

Producer Price Index (PPI) 2015=100, 1/2015–12/2019
The drop in the producer prices for manufactured products was particularly attributable to fallen prices of pulp, paper, paperboard and cardboard, as well as electricity and timber from December 2018. The fall in producer prices was slowed down especially by higher prices of oil products.

The export price index fell by 0.5 per cent and the import price index rose by 1.3 per cent in the year. The basic price index for domestic supply went up by 0.3 per cent. The basic price index for domestic supply including taxes rose by 0.3 per cent.

The decrease in the export price index was in particular affected by lower prices of pulp, paper, paperboard and cardboard, as well as timber compared with December 2018. The fall in the export price index was particularly curbed by risen prices of oil products. The rise in the import price index was, in turn, especially attributable to risen prices of oil products. The rise in the import price index was curbed above all by lower prices of electricity.

From November to December, producer prices for manufactured products fell by 0.7 per cent. Producer prices were particularly depressed by the drop in the prices of electricity compared with the previous month.

Producer Price Indices 2015=100, December 2019

  Index Monthly change, % Annual change, %
Producer Price Index, total 105.3 -0.7 -0.8
- Producer Price Index, domestic goods 104.7 -0.7 -1.1
- Producer Price Index, export goods 106.1 -0.6 -0.4
Export Price Index 105.7 -0.6 -0.5
Import Price Index 108.7 0.3 1.3
Basic Price Index for Domestic Supply 107.4 0.0 0.3
Basic Price Index for Domestic Supply, incl. taxes 107.3 -0.1 0.3

Producer Price Indices 1949=100, December 2019

  Index Monthly change, % Annual change, %
Production Price Index 2026 -0.7 -0.8
Export Price Index 1754 -0.6 -0.5
Import Price Index 1667 0.3 1.3
Wholesale Price Index 2376 -0.1 0.3

Source: Producer Price Index 2019, December. 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 24.1.2020

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. December 2019. Helsinki: Statistics Finland [referred: 9.8.2020].
Access method: http://www.stat.fi/til/thi/2019/12/thi_2019_12_2020-01-24_tie_001_en.html