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Published: 17 January 2008

Producer prices for services went up in October-December

According to Statistics Finland, producer prices for services went up by 3.6 per cent in the fourth quarter of 2007 from the corresponding quarter of the year before. The rise in the prices was mostly due to increases in the prices of goods transport by road, technical consultancy and computer and related activities from the corresponding quarter of the previous year.

From the previous quarter, producer prices for services rose by 1.4 per cent. This was mainly due to higher prices of goods transport by road, hotel services and rents of office and business premises.

Producer price index for services 2005=100, 4th quarter 2007

Industry Point figure Quarterly change, % Year-on-year change, %
Producer price index for services 2005=100 107.1 1.4 3.6
Hotels and restaurants 107.5 7.6 3.5
Transport, warehousing and telecommunications 107.1 1.7 3.9
Real estate, renting and research services, business services 107.7 1.0 3.7
Other community, social and personal service activities 100.7 –0.2 0.8

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

Source: Producer Price Index for Services 2007, 4th quarter. Statistics Finland

Inquiries: Elina Pääkkö (09) 1734 3725

Director in charge: Kari Molnar

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Updated 17.01.2008

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 4th quarter 2007. Helsinki: Statistics Finland [referred: 23.12.2024].
Access method: http://www.stat.fi/til/pthi/2007/04/pthi_2007_04_2008-01-17_tie_001_en.html