Published: 24 July 2014
Producer prices for services went up by 1.1 per cent in April-June
According to Statistics Finland, producer prices for services went up by 1.1 per cent in the second quarter of 2014 from the corresponding quarter of the year before.
Producer Price Indices for Services 2010=100, Q1/2010–Q2/2014
Producer prices for services were pushed up particularly by higher prices of software and related services and postal activities under universal service obligation during the year. The increase in the total index was also affected by higher prices of renting and leasing of construction and civil engineering machinery and higher rents for office and business premises. The rise was held back by, among other things, lower prices of management consulting services, cargo handling and sea and coastal freight water transport.
From first to second quarter producer prices for services went up by 0.1 percent.
Producer Price Indices for Services 2010=100, 2nd quarter 2014
| Industry | Point figure | Quarterly change,% | Yearly change,% |
| Total index (TOL 2008) | 106.9 | 0.1 | 1.1 |
| H Transportation and storage | 106.8 | -0.3 | 1.1 |
| I Accommodation and food service activities | 110.9 | -0.5 | 0.9 |
| J Information and communication | 104.6 | 0.8 | 1.5 |
| L Real estate activities | 110.1 | -0.1 | 1.1 |
| M Professional, scientific and technical activities | 104.2 | 0.2 | 0.0 |
| N Administrative and support service activities | 113.4 | -0.1 | 2.3 |
| P Education | 111.6 | 0.0 | 5.1 |
| Q Human health and social work activities | 113.3 | 0.1 | 2.5 |
| R Arts, entertainment and recreation | 114.1 | 0.3 | 4.1 |
| S Other service activities | 111.6 | 0.7 | 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, 2nd quarter. Statistics Finland
Inquiries: Susanna Tåg 029 551 2991, Satu Sitkiä-Vikholm 029 551 3424, Toni Udd 029 551 3380, pthi.tilastokeskus@stat.fi
Director in charge: Leena Storgårds
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Updated 24.7.2014
Official Statistics of Finland (OSF):
Producer price indices for services [e-publication].
ISSN=1798-3940. 2nd quarter 2014. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/pthi/2014/02/pthi_2014_02_2014-07-24_tie_001_en.html