Producer prices for manufactured products rose by 14.5 per cent in December 2022 year-on-year

Release related to topics:Prices and consumption
release | Producer price indices 2022, December

According to Statistics Finland, producer prices for manufactured products rose by an average of 14.5 per cent from December 2021 to December 2022. The producer prices of manufactured products sold on the domestic market rose by 15.6 per cent, while the producer prices of export products went up by 13.3 per cent.

Key selections

  • Producer prices for manufactured products rose by an average of 14.5 per cent from December 2021 to December 2022.
  • The rise in the producer prices for manufactured products was especially due to higher prices of paper and paper products, electricity and oil products compared to last year’s December.
  • The export price index rose by 13.2 per cent and the import price index by 15.8 per cent in a year.
  • The basic price index for domestic supply went up by 14.6 per cent. The basic price index for domestic supply including taxes rose by 13.4 per cent.

Product groups affecting the changes in indices

The rise in the producer prices for manufactured products was particularly caused by higher prices of paper and paper products, electricity and oil products compared to last year's December.

The export price index rose by 13.2 per cent and the import price index by 15.8 per cent in a year. The basic price index for domestic supply went up by 14.6 per cent. The basic price index for domestic supply including taxes rose by 13.4 per cent.

The rise in the export price index was especially due to higher prices of paper and paper products, chemicals and chemical products and oil products and compared to last year’s December. The rise in the import price index was, in turn, especially caused by higher prices of chemicals and chemical products, electricity and oil products.

From November to December, producer prices for manufactured products went down by 0.8 per cent. Producer prices fell especially due to fallen prices of oil products compared with the previous month. The fall in prices was curbed particularly by higher price of electricity.

Tables

See key statistical data in the tables.

Producer price index for manufactured products 2015=100, 2022M12, Products by activity (CPA 2015, MIG)

Export price index 2015=100, 2022M12, Products by activity (CPA 2015, MIG)

Import price index 2015=100, 2022M12, Products by activity (CPA 2015, MIG)

Basic price index for domestic supply 2015=100, 2022M12, Products by activity (CPA 2015, MIG)

Basic price index for domestic supply, including taxes 2015=100, 2022M12, Products by activity (CPA 2015, MIG)

Producer price indices 1949=100, 2022M12, Industry (ISIC, SITC)

Basic price index for domestic supply E40 2000=100, 2022M12, (NACE-TOL 2002)

Wood pellet, consumer price 2015=100, 2022M11

Database tables

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Updated database tables
Classifications used:
  • Products by activity (CPA 2015, MIG)
  • Index series
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month
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Classifications used:
  • Industry (NACE, MIG)
  • Index series
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month
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Classifications used:
  • Industry (NACE, MIG)
  • Index series
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month
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Classifications used:
  • Industry (ISIC, SITC)
  • Index series
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Future releases

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, December. ISSN=1799-3695. Helsinki: Statistics Finland [Referenced: 26.9.2024].
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