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Published: 17 January 2011

Producer prices for services went up by 1.2 per cent in October–December

According to Statistics Finland, producer prices for services went up by 1.2 per cent in the fourth quarter of 2010 from the corresponding quarter of the year before.

Producer price index for services 2005=100 (TOL 2008), Q1/2005–Q4/2010

Producer price index for services 2005=100 (TOL 2008), Q1/2005–Q4/2010

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.

From third to fourth quarter producer prices for services went up by 0.7 per cent. This was mainly due to higher prices in the rents of office and business premises.

Producer price index for services 2005=100 (TOL 2008), 4th quarter 2010

Industry Point figure Quarterly change,% Yearly change,%
Total index (TOL 2008) 114.6 0.7 1.2
H Transportation and storage 117.3 1.0 2.3
I Accommodation and food service activities 105.8 6.7 1.0
J Information and communication 101.1 -0.4 -1.8
L Real estate activities 116.7 3.0 3.4
M Professional, scientific and technical activities 122.4 -0.1 1.2
N Administrative and support service activities 116.0 0.7 1.8
S Other service activities 99.0 -1.1 -1.2

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, 4th quarter. Statistics Finland

Inquiries: Juha Kiuru (09) 1734 3725, pthi.tilastokeskus@stat.fi

Director in charge: Kari Molnar

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Updated 17.1.2011

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 4th quarter 2010. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/pthi/2010/04/pthi_2010_04_2011-01-17_tie_001_en.html