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Published: 19 July 2010

Producer prices for services went up 1.3 per cent in April-June

According to Statistics Finland, producer prices for services went up by 1.3 per cent in the second quarter of 2010 from the corresponding quarter of the year before.

Producer price index for services 2005=100 (TOL 2008), Q1/2005 — Q2/2010

Producer price index for services 2005=100 (TOL 2008), Q1/2005 — Q2/2010

The rise in prices was mostly due to increases in the rents of office and business premises and higher prices of goods transport by road. The rise in prices was curbed by, among other things, decreases in the prices of telecommunications and business consultancy.

From first to second quarter, producer prices for services went up by 0.3 percent. This was mainly due to higher prices of goods transport by road.

Producer price index for services 2005=100 (TOL 2008), 2nd quarter 2010

Industry Point figure Quarterly change,% Yearly change,%
Total index (TOL 2008) 114.1 0.3 1.3
H Transportation and storage 116.8 0.8 2.5
I Accommodation and food service activities 105.1 0.5 2.0
J Information and communication 101.5 -0.3 -1.3
L Real estate activities 113.3 0.4 6.1
M Professional, scientific and technical activities 122.6 0.4 0.4
N Administrative and support service activities 114.9 0.2 0.1
S Other service activities 100.5 -1.6 -0.0

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 2010, 2nd quarter. Statistics Finland

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

Director in charge: Kari Molnar

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Updated 19.07.2010

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 2nd quarter 2010. Helsinki: Statistics Finland [referred: 23.12.2024].
Access method: http://www.stat.fi/til/pthi/2010/02/pthi_2010_02_2010-07-19_tie_001_en.html