Published: 17 October 2008
Producer prices for services went up in July-September
According to Statistics Finland, producer prices for services went up by 5.2 per cent in the third quarter of 2008 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 business and management consulting from the corresponding quarter of the previous year. The rise of prices was curbed most by lower prices of telecommunication.
From the previous quarter, producer prices for services rose by 0.3 per cent. This was mainly due to higher prices of goods transport by road.
Producer price index for services 2005=100, 3rd quarter 2008
| Industry | Point figure | Quarterly change, % | Year-on-year change, % |
| Producer price index for services 2005=100 | 111.1 | 0.3 | 5.2 |
| Hotels and restaurants | 99.1 | –10.3 | –0.8 |
| Transport, warehousing and telecommunications | 113.1 | 1.0 | 7.4 |
| Real estate, renting and research services, business services | 111.5 | 0.5 | 4.6 |
| Other community, social and personal service activities | 101.5 | –0.2 | 0.6 |
Producer price index for services measures the price development of services produced by enterprises.
Source: Producer Price Index for Services 2008, 3rd quarter. Statistics Finland
Inquiries: Elina Pääkkö (09) 1734 3725
Director in charge: Kari Molnar
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Updated 17.10.2008
Official Statistics of Finland (OSF):
Producer price indices for services [e-publication].
ISSN=1798-3940. 3rd quarter 2008. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/pthi/2008/03/pthi_2008_03_2008-10-17_tie_001_en.html