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Published: 17 April 2009

Producer prices for services went up in January-March

Corrected on 18 January 2010. Revisions to data on rents of office and business premises .The corrections are indicated in red.

According to Statistics Finland, producer prices for services went up by 2.0 per cent in the first quarter of 2009 from the corresponding quarter of the year before. The rise in the prices was particularly caused by increases in the prices of business and other management consultancy activities and architectural and engineering activities from the corresponding quarter of the previous year. The rise of prices was curbed especially by lower prices of sea and coastal freight water transport.

From the previous quarter, producer prices for services fell by 0.2 per cent. This was mainly due to reductions in the prices of goods transport by road and sea and coastal water transport.

Producer price index for services 2005=100 (TOL 2008), 1st quarter 2009

Industry (TOL 2008) Point figure Quarterly change, % Year-on-year change, %
Producer price index for services 2005=100 (TOL 2008) 112.9 -0.3 2.1
H Transport and storage 114.9 -2.9 0.1
I Accommodation and food service activities 108.4 1.3 0.9
J Information and communication 103.2 -0.6 -0.1
L Real estate activities 106.7 0.0 2.3
M Professional, scientific and technical activities 121.4 1.3 5.1
N Administrative and support service activities 114.4 1.1 2.1
S Other service activiest 102.4 0.7 2.1

Starting from the data released here the standard classification of industries TOL 2008 has been adopted in these statistics describing producer price indices for services. In connection with the introduction of the new classification the weight structure has been updated and the coverage of industries improved in the producer price indices for services. For more information, see "Revisions in these statistics".

Producer price indices for services describe the price development in business services provided by enterprises to other enterprises and the public sector. The total index currently covers about half of the market services.


Source: Producer Price Index for Services 2009, 1st quarter. Statistics Finland

Inquiries: Elina Pääkkö (09) 1734 3725, pthi.tilastokeskus@stat.fi

Director in charge: Kari Molnar

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Updated 17.04.2009

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 1st quarter 2009. Helsinki: Statistics Finland [referred: 23.12.2024].
Access method: http://www.stat.fi/til/pthi/2009/01/pthi_2009_01_2009-04-17_tie_001_en.html