17 October 1997
Inquiries: Jarmo Ranki (09) 1734 3472, Anne Forss (09)
1734 3469
Statistical Director in charge: Jarmo Hyrkkö
Year-on rise of nearly one per cent in export prices
Export prices rose 0.9 per cent in the year to September, having still displayed a minus figure in July. This information can be gathered from the Producer Price Indices of Statistics Finland.
The rise was primarily due to the higher export prices of base metals, chemical pulp and timber, which have risen nearly 12, 25 and close on 20 per cent, respectively. By contrast, the export prices of paper and paperboard are still about 7 per cent below those a year before.
The 0.1 per cent rise in export prices from August to September was due mainly to the higher prices charged for sawn timber.
Import prices are up 1.4 per cent on September 1996, the rise being attributable to the higher prices of agricultural machinery, machinery and equipment, base metals and vehicles.
The reason for the 0.2 per cent drop in import prices from August to September was the fall in the price of crude oil.
Wholesale prices have risen 2.1 per cent in the
course of the year, mainly owing to the price increases for various
raw materials and capital goods, such as timber, chemical pulp,
base metals and roundwood.
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| Monthly and annual changes in producer price indices, September 1997, % | |||
| Indices | 8/97-9/97 | 9/96-9/97 | |
| Wholesale price index | 0,1 | 2,1 | |
| Producer price index of manufacturing goods | 0,1 | 2,3 | |
| Basic price index of goods for domestic supply |
0,2 | 2,4 | |
| Export price index | 0,1 | 0,9 | |
| Import price index | -0,2 | 1,4 | |
Source: Producer Price Indices, September 1997.
Statistics Finland.