Published: 25 October 2021
Producer prices for services grew by 2.2 per cent year-on-year in July to September
According to Statistics Finland, the annual change in the Producer Price Index for Services was 2.2 per cent in the third quarter of 2021. Compared to the previous quarter, producer prices for services rose by 0.6 per cent.
Producer Price Indices for Services 2015=100, I/2015–III/2021
Producer prices for services were pushed up particularly by higher prices of support services for transportation together with freight transport services by road from one year ago. The price increase was also affected by higher prices of rents of dwellings and human health services. The rise in the prices was held back by fallen prices of renting services of construction machinery and equipment, as well as information services, for example.
Producer prices for services for enterprises and the public sector (Business to Business, BtoB) were boosted in particular by higher prices of support services for transportation from one year ago. The rise was held back by fallen prices of renting services of construction machinery and equipment, among other things. Producer prices for services for households (Business to Consumers, BtoC) were, in turn, pushed up particularly by higher prices of food services and human health services from one year ago. The rise was held back by, for example, lower prices of passenger transport services.
Producer Price Indices for Services 2015=100, total (BtoAll), 3rd quarter 2021
Services by activity | Point figure | Quarterly change,% | Annual change,% |
TOTAL INDEX | 108.3 | 0.6 | 2.2 |
H TRANSPORTATION AND STORAGE SERVICES | 112.3 | 0.8 | 5.8 |
I ACCOMMODATION AND FOOD SERVICES | 110.6 | 1.0 | 2.3 |
J INFORMATION AND COMMUNICATION SERVICES | 103.8 | 0.4 | 0.1 |
L REAL ESTATE SERVICES | 108.6 | 0.3 | 1.5 |
M PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES | 107.0 | 1.1 | 1.5 |
N ADMINISTRATIVE AND SUPPORT SERVICES | 102.3 | 0.6 | 0.5 |
P EDUCATION SERVICES | 106.7 | 0.3 | 0.4 |
Q HUMAN HEALTH AND SOCIAL WORK SERVICES | 118.6 | 0.1 | 4.4 |
R ARTS, ENTERTAINMENT AND RECREATION SERVICES | 107.6 | 0.3 | 2.5 |
S OTHER SERVICES | 107.8 | 0.1 | 0.8 |
Producer Price Indices for Services currently cover about 60 per cent of the market services.
Source: Producer Price Indices for Services 2021, 3rd quarter. Statistics Finland
Inquiries: Ville Auno 029 551 3023, pthi.tilastokeskus@stat.fi
Head of Department in charge: Katri Kaaja
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Appendix tables
- Appendix table 1. Producer Price Indices for Services 2015=100, total (BtoAll), 3rd quarter 2021 (25.10.2021)
- Appendix table 2. Producer Price Indices for Services 2015=100, services to enterprises and public sector (BtoB), 3rd quarter 2021 (25.10.2021)
- Appendix table 3. Producer Price Indices for Services 2015=100, services to households (BtoC), 3rd quarter 2021 (25.10.2021)
- Appendix table 4. Producer Price Indices for Services 2010=100, services to enterprises and public sector (BtoB), 3rd quarter 2021 (25.10.2021)
- Quality descriptions
Updated 25.10.2021
Official Statistics of Finland (OSF):
Producer price indices for services [e-publication].
ISSN=1798-3940. 3rd quarter 2021. Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/pthi/2021/03/pthi_2021_03_2021-10-25_tie_001_en.html