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Published: 18 October 2010

Producer prices for services went up by 1.5 per cent in July-September

According to Statistics Finland, producer prices for services went up by 1.5 per cent in the third quarter of 2010 from the corresponding quarter of the year before.

Producer price index for services 2005=100 (TOL 2008), Q1/2005 — Q3/2010

Producer price index for services 2005=100 (TOL 2008), Q1/2005 — Q3/2010

The rise in producer prices for services was mostly due to increases in the rents of office and business premises and higher prices of goods transport by road compared to the year before. The rise in prices was curbed most by decreases in the prices of telecommunications.

Between the second and third quarters producer prices for services fell by 0.3 per cent, mainly due to lower prices of hotels and postal activities under universal service obligation.

Producer price index for services 2005=100 (TOL 2008), 3rd quarter 2010

Industry Point figure Quarterly change,% Yearly change,%
Total index (TOL 2008) 113.8 -0.3 1.5
H Transportation and storage 116.2 -0.5 1.6
I Accommodation and food service activities 99.2 -5.6 3.6
J Information and communication 101.5 0.0 -1.3
L Real estate activities 113.3 0.0 6.1
M Professional, scientific and technical activities 122.6 -0.1 1.3
N Administrative and support service activities 115.2 0.2 0.6
S Other service activities 100.1 -0.3 -0.4

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, 3rd quarter. Statistics Finland

Inquiries: Antti Halmetoja (09) 1734 3725, pthi.tilastokeskus@stat.fi

Director in charge: Kari Molnar

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Updated 18.10.2010

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 3rd quarter 2010. Helsinki: Statistics Finland [referred: 23.12.2024].
Access method: http://www.stat.fi/til/pthi/2010/03/pthi_2010_03_2010-10-18_tie_001_en.html