Home > Statistics > Producer price indices for services > 2016 > 2nd quarter > Producer prices for services grew by 0.2 per cent year-on-year in April to June

Published: 25 July 2016

Producer prices for services grew by 0.2 per cent year-on-year in April to June

According to Statistics Finland, producer prices for services went up by 0.2 per cent in the second quarter of 2016 from the corresponding quarter of the year before.

Producer Price Indices for Services 2010=100, I/2010–II/2016

Producer prices for services were pushed up particularly by higher prices of management consulting services and postal activities under universal service obligation from the year before. The increase in the total index was also affected by higher prices of hotel accommodation. The rise was held back by lower prices of freight transport by road, sea and coastal freight water transport and rents of business premises.

Compared to the first quarter, producer prices for services remained unchanged, on average.

Producer Price Indices for Services 2010=100, 2nd quarter 2016

Industry	Point figure	Quarterly change,%	Annual change,%
TOTAL INDEX	107.2	0.0	0.2
H Transportation and storage	103.8	0.0	-1.8
I Accommodation and food service activities	117.8	0.3	6.0
J Information and communication	106.4	-0.4	0.8
L Real estate activities	109.4	0.1	-0.9
M Professional, scientific and technical activities	104.8	0.0	0.6
N Administrative and support service activities	115.5	0.2	1.3
P Education	113.5	0.0	2.9
Q Human health and social work activities	116.2	0.1	2.1
R Arts, entertainment and recreation	115.3	0.0	0.8
S Other service activities	113.0	0.3	0.7

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 2016, 2nd quarter. Statistics Finland

Inquiries: Susanna Tåg 029 551 2991, Satu Sitkiä-Vikholm 029 551 3424, pthi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Appendix tables

• Appendix table 1. Producer Price Indices for Services 2010=100, 2nd quarter 2016 (25.7.2016)
• Appendix table 2. Producer Price Indices for Services 2005=100, 2nd quarter 2016 (25.7.2016)
• Appendix table 3. Producer Price Indices for Services 2010=100, BtoAll series (25.7.2016)

Quality descriptions

• Quality Description of Producer Price Index for Services (25.7.2016)

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Updated 25.7.2016