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Published: 17 January 2006

Producer prices for services went up in the last quarter

According to Statistics Finland, producer price indices for services rose in the last quarter of 2005 from the corresponding quarter of the year before in all industries except in washing and drycleaning of textile and fur products. Prices increased most in the year, or by 7.6 per cent, in accounting, book-keeping and auditing activities, and tax consultancy. Smallest year-on-year producer price increases were recorded in hotel services, 0.7 per cent, and post and courier activities, 1.3 per cent. The prices in washing and drycleaning of textile and fur products fell by 0.5 per cent from the corresponding quarter of the year before.

Producer prices for services 2003=100, 4th quarter 2005 *

Service Industries according to NACE SIC Point figure Annual change,% Quarter-on-Quarter Change, %
5510 Hotels 103,4 0,7 7,9
6022 Taxi operation 105,1 3,5 0,0
6024 Freight transport by road 107,4 5,5 -0,1
641 Post and courier activities 104,4 1,3 0,0
6412 Courier activities other than national post activities 110,8 6,8 0,1
7132 Renting of construction and civil engineering machinery and equipment 103,3 3,4 0,4
7411 Legal servcives 109,0 3,9 0,6
7412 Accounting, book-keeping and auditing activities; tax consultancy 117,0 7,6 0,8
7413 Market research and public opinion polling 106,4 4,6 0,0
7440 Advertising 106,0 3,4 0,1
7450 Labour recruitment and provision of personnel 105,4 1,9 0,4
7460 Investigation and security activities 109,8 3,4 -0,8
9301 Washing and dry-cleaning of textile and fur products 102,8 -0,5 -0,2

*Producer price indices for services measure development in the prices of services from the perspective of enterprises.

Point figures of producer price indices for services are initially published for 13 industries but the number of covered industries will be gradually increased up to the year 2006. These initially published producer price indices for services are experimental, which means that the point figures for industries given here may remain subject to revision up to the year 2006 as the used calculation method is being developed or possibly adjusted.

Source: Producer price indices for services 2005, 4th quarter. Statistics Finland

Inquiries: Ms Sanna Nieminen (09) 1734 3469, Mr Toni Udd (09) 1734 3380, pthi.tilastokeskus@tilastokeskus.fi

Director in charge: Mr Kari Molnar

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Last updated 17.1.2006

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 4th quarter 2005. Helsinki: Statistics Finland [referred: 23.12.2024].
Access method: http://www.stat.fi/til/pthi/2005/04/pthi_2005_04_2006-01-17_tie_001_en.html