Producer prices for manufactured products rose by 0.4 per cent in January 2025 year-on-year

Product groups affecting the changes in indices

Producer prices for manufactured products went up by an average of 0.4 per cent from a year ago. The rise in the producer prices was particularly caused by higher prices of paper and paper products, timber, and precious metals compared with last year's January. The increase in prices was curbed especially by the decrease in prices of electricity and oil products from a year ago.

The export price index went up by 1.8 per cent in a year. The rise in export prices was especially due to higher prices of paper and paper products, and precious metals compared with last year’s January. The rise in export prices was curbed especially by the decrease in prices of oil products.

The import price index went down by 1.0 per cent in a year. The decrease in import prices was, in turn, especially caused by lower prices of electricity and precious metals compared with last year’s January. The fall in prices was curbed especially by the increase in prices of crude oil and food products.

The basic price index for domestic supply fell by 0.8 per cent and the basic price index for domestic supply including taxes went up by 0.4 per cent from a year ago.

From December to January, producer prices for manufactured products went up by 1.5 per cent. Producer prices were particularly boosted by the higher prices of electricity compared with the previous month. The rise in prices was curbed especially by the fallen prices of iron and steel compared with the previous month.

Annual update of the index weight structure

In January 2025, the weight structure of the producer price indices was updated to reflect the structure of the 2024 economy. More information about the update of the weight structure can be found on the home page of the producer price indices under comparability in the documentation section.