18 August 1997
Import prices up nearly oneandahalf per cent
Import prices rose by 1.4 per cent from June to July, the increase being attributable mainly to the rise in price of crude oil, but also to that in basic metals, basic chemicals, oil products, vehicles and printed products. In the year to July, import prices have risen oneandahalf per cent. This information can be gathered from the Import Price Index of Statistics Finland.
Export prices rose by 0.8 per cent from June to July, owing to the rise in price of chemical pulp, basic metals, machinery and equipment, and timber. Export prices are, however, still two per cent lower than in July 1996.
Wholesale prices rose by 0.6 per cent from June to July, due to the higher prices of raw materials and capital goods. The wholesale prices have risen two per cent since July 1996: those of domestic goods 2.3 per cent and of imported goods 1.4 per cent.
The producer prices of manufactured goods
showed an increase of 0.4 per cent from June to July. This was due
to the higher prices of chemical pulp, timber and basic metals.
Producer prices rose 1.1 per cent in the year to July.
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| Changes in producer price indices from June to July and in the year to July 1997, % | ||
| Index | 6/97-7/97 | 7/96-7/97 |
| Wholesale price index | 0.6 | 2.0 |
| Producer price index for manufactured goods | 0.4 | 1.1 |
| Basic price index for domestic supply | 0.4 | 2.3 |
| Export price index | 0.8 | -2.0 |
| Import price index | 1.4 | 1.5 |
Source: Producer Price Indices, July 1997
Further information: Jarmo Ranki, tel. +358 9 1734
3472