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Published: 17 July 2006

Producer prices for services rose in April to June

According to Statistics Finland, producer prices for services rose by 2.1 per cent in the second quarter of 2006 compared with the corresponding quarter of the previous year. The rise of prices was principally due to higher prices of freight transport by road, scheduled air transport and computer and related activities from the corresponding quarter of 2005. The rise of prices was curbed most by lower prices of telecommunication.

From the previous quarter, producer prices for services rose by 0.6 per cent. The rise was mainly due to higher prices of freight transport by road and technical consultancy.

Producer price index for services 2005=100, 2nd quarter 2006 *

Industry Point figure Quarter-on-quarter change, % Year-on-year change, %
Producer price index for services 2005=100 102.0 0.6 2.1
- Hotels and restaurants 99.2 -3.6 -0.7
- Transport, storage and communication 101.5 1.2 1.9
- Real estate, renting and business activities 102.5 0.5 2.5
- Other community, social and personal service activities 100.5 -0.1 1.0

*Producer price index for services measures development in the prices of services produced by enterprises.

Source: Producer price index for services 2006, 2nd quarter. Statistics Finland

Inquiries: Ms Sanna Nieminen +358 9 1734 3469, pthi.tilastokeskus@stat.fi

Director in charge: Mr Kari Molnar

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Last updated 17.7.2006

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 2nd quarter 2006. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/pthi/2006/02/pthi_2006_02_2006-07-17_tie_001_en.html