Published: 24 April 2014
Producer prices for services went up by 1.0 per cent in January-March
According to Statistics Finland, producer prices for services went up by 1.0 per cent in the first quarter of 2014 from the corresponding quarter of the year before.
Producer Price Indices for Services 2010=100, Q1/2010–Q1/2014
Producer prices for services were pushed up particularly by higher prices of postal activities under universal service obligation and of renting and leasing of construction and civil engineering machinery and equipment from one year ago. The increase in the total index was also affected by higher prices of software and related services and higher rents for office and business premises. The rise in the prices was held back by fallen prices of telecommunications and cargo handling, for example.
From fourth to first quarter producer prices for services went up by 0.6 percent.
Producer Price Indices for Services 2010=100, 1st quarter 2014
| Industry | Point figure | Quarterly change,% | Yearly change,% |
| Total index (TOL 2008) | 106.8 | 0.6 | 1.0 |
| H Transportation and storage | 107.2 | 1.6 | 0.8 |
| I Accommodation and food service activities | 111.4 | 0.8 | 1.5 |
| J Information and communication | 103.7 | 0.4 | 0.6 |
| L Real estate activities | 110.2 | 0.2 | 1.6 |
| M Professional, scientific and technical activities | 104.1 | 0.0 | 0.3 |
| N Administrative and support service activities | 113.5 | 0.6 | 2.8 |
| P Education | 111.6 | 4.3 | 5.1 |
| Q Human health and social work activities | 113.2 | 2.4 | 2.6 |
| R Arts, entertainment and recreation | 113.8 | 2.4 | 3.9 |
| S Other service activities | 110.8 | 0.6 | 2.9 |
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 57 per cent of the market services.
Source: Producer Price Indices for Services 2014, 1st quarter. Statistics Finland
Inquiries: Susanna Tåg 09 1734 2991, Satu Sitkiä-Vikholm 09 1734 3424, Toni Udd 09 1734 3380, pthi.tilastokeskus@stat.fi
Director in charge: Leena Storgårds
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Updated 24.4.2014
Official Statistics of Finland (OSF):
Producer price indices for services [e-publication].
ISSN=1798-3940. 1st quarter 2014. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/pthi/2014/01/pthi_2014_01_2014-04-24_tie_001_en.html