Published: 24 October 2017
Producer prices for services grew by 1.9 per cent year-on-year in July to September
According to Statistics Finland, producer prices for services went up by 1.9 per cent in the third quarter of 2017 from the corresponding quarter of the year before.
Producer Price Indices for Services 2010=100, I/2010–III/2017
Producer prices for services were pushed up particularly by higher prices of business and management consulting services and freight transport by road from one year ago. The increase in the total index was also affected by higher prices of postal activities under universal service obligation, as well as architectural and engineering activities. The rise was held back by lower prices of, for example, renting of construction and civil engineering machinery and equipment and cargo handling.
Compared to the second quarter, producer prices for services went up by 0.3 per cent.
Producer Price Indices for Services 2010=100, 3rd quarter 2017
Industry | Point figure | Quarterly change,% | Annual change,% |
TOTAL INDEX | 109.2 | 0.3 | 1.9 |
H Transportation and storage | 106.3 | -0.1 | 2.5 |
I Accommodation and food service activities | 117.3 | -1.1 | 2.9 |
J Information and communication | 108.0 | 0.5 | 1.8 |
L Real estate activities | 111.2 | 0.0 | 1.6 |
M Professional, scientific and technical activities | 107.8 | 0.7 | 2.5 |
N Administrative and support service activities | 115.7 | 0.6 | 0.0 |
P Education | 115.2 | 0.4 | 1.1 |
Q Human health and social work activities | 116.7 | 0.0 | 0.4 |
R Arts, entertainment and recreation | 117.7 | 0.5 | 1.5 |
S Other service activities | 112.9 | -0.6 | 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 57 per cent of the market services.
Source: Producer Price Indices for Services 2017, 3rd quarter. Statistics Finland
Inquiries: Susanna Tåg 029 551 2991, Satu Sitkiä-Vikholm 029 551 3424, Ville Markkanen 029 551 3023, pthi.tilastokeskus@stat.fi
Director in charge: Ville Vertanen
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Updated 24.10.2017
Official Statistics of Finland (OSF):
Producer price indices for services [e-publication].
ISSN=1798-3940. 3rd quarter 2017. Helsinki: Statistics Finland [referred: 23.12.2024].
Access method: http://www.stat.fi/til/pthi/2017/03/pthi_2017_03_2017-10-24_tie_001_en.html