Producer prices for manufactured products grew by 26.7 % in March 2022 year-on-year

Release related to topics:Prices and consumption

release 25/04/2022 | Producer price indices 2022, March

Correction

The time series of producer price indices were corrected on 23 December 2022. The correction concerns some product categories and total indices of the producer price index for manufactured products and export price index from 01/2022-10/2022, as well as the total index of the basic price index for domestic supply, including taxes from 01/2021-10/2022. The data of the import price index and the basic price index for domestic supply remain unchanged.

Correction

Data in the table Wood pellet, consumer price 2015=100 were corrected.

Key selections

Producer prices for manufactured products rose by an average of 26.7 % from March 2021 to March 2022.
The rise in the producer prices for manufactured products was particularly caused by higher prices of oil products, basic metals, paper and paper products from last year's March.
The export price index rose by 30.1 % and the import price index by 29.1 % in the year.
The basic price index for domestic supply went up by 20.6 %. The basic price index for domestic supply including taxes rose by 17.5 %.

The rise in the producer prices for manufactured products was particularly caused by higher prices of oil products, basic metals, paper and paper products from last year's March.

The export price index rose by 30.1 % and the import price index by 29.1 % in the year. The basic price index for domestic supply went up by 20.6 %. The basic price index for domestic supply including taxes rose by 17.5 %.

The rise in the export price index was especially due to higher prices of oil products, basic metals and paper and paper products from last year’s March. The rise in the import price index was especially caused by higher prices of crude oil, chemicals and chemical products and basic metals.

From February to March, producer prices for manufactured products rose by 5.0 %. Producer prices were particularly boosted by the risen prices of oil products and chemicals and chemical products compared with the previous month.

Statistics used in the release

Producer price indices

Tables

See key statistical data in the tables.

25/04/2022

Producer price index for manufactured products 2015=100, 2022M03, Products by activity (CPA 2015, MIG)

25/04/2022

Export price index 2015=100, 2022M03, Products by activity (CPA 2015, MIG)

25/04/2022

Import price index 2015=100, 2022M03, Products by activity (CPA 2015, MIG)

25/04/2022

Basic price index for domestic supply 2015=100, 2022M03, Products by activity (CPA 2015, MIG)

25/04/2022

Basic price index for domestic supply, including taxes 2015=100, 2022M03, Products by activity (CPA 2015, MIG)

25/04/2022

Producer price indices 1949=100, 2022M03, Industry (ISIC, SITC)

25/04/2022

Basic Price Index for Domestic Supply E40 2000=100, 2022M03, (NACE-TOL 2002)

	Index	Monthly change, %	Annual change, %
E40 Electricity, gas, steam and hot water supply	312.6	-2.5	27.2

25/04/2022

Wood pellet, consumer price 2015=100

	Price, e/t	Price, snt/kWh	Index 2015=100	Annual change, %
2015/02	277.2	5.84	101.1	-3.5
2015/05	271.8	5.72	99.1	-5.5
2015/08	274.6	5.78	100.1	-4.5
2015/11	273.2	5.75	99.6	-0.5
2016/02	273.4	5.76	99.7	-1.4
2016/05	272.4	5.73	99.3	0.2
2016/08	270.0	5.68	98.5	-1.7
2016/11	270.3	5.69	98.6	-1.0
2017/02	271.9	5.72	99.2	-0.6
2017/05	265.2	5.58	96.7	-2.6
2017/08	272.8	5.74	99.5	1.1
2017/11	269.0	5.66	98.1	-0.5
2018/02	267.5	5.63	97.6	-1.6
2018/05	270.1	5.69	98.5	1.8
2018/08	271.0	5.70	98.8	-0.7
2018/11	276.6	5.82	100.9	2.8
2019/02	276.9	5.83	101.0	3.5
2019/05	276.0	5.81	100.7	2.2
2019/08	277.5	5.84	101.2	2.4
2019/11	288.9	6.08	105.4	4.5
2020/02	277.4	5.84	101.2	0.2
2020/05	277.4	5.84	101.2	0.5
2020/08	277.4	5.84	101.2	-0.0
2020/11	277.1	5.83	101.1	-4.1
2021/02	279.3	5.88	101.9	0.7
2021/05	277.7	5.85	101.3	0.1
2021/08	277.7	5.85	101.3	0.1
2021/11	277.8	5.85	101.3	0.2
2022/02	281.8	5.93	102.8	0.9

Database tables

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Updated database tables

118g

Producer price index (2015=100), monthly data(External link)

Classifications used:

Products by activity (CPA 2015, MIG)
Index series

Reference period cycle:

month

Updating frequency:

month

Statistics:

Producer price indices

Updated:

24/10/2024

118i

Producer price index (2010=100), monthly data(External link)

Classifications used:

Industry (NACE, MIG)
Index series

Reference period cycle:

month

Updating frequency:

month

Statistics:

Producer price indices

Updated:

24/10/2024

118k

Producer price index (2005=100), monthly data(External link)

Classifications used:

Industry (NACE, MIG)
Index series

Reference period cycle:

month

Updating frequency:

month

Statistics:

Producer price indices

Updated:

24/10/2024

118m

Producer price index (1949=100), monthly data(External link)

Classifications used:

Industry (ISIC, SITC)
Index series

Reference period cycle:

month

Updating frequency:

month

Statistics:

Producer price indices

Updated:

24/10/2024

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Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): Producer price indices [online publication].

Reference period: 2022, March. ISSN=1799-3695. Helsinki: Statistics Finland [Referenced: 8.11.2024].

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