Producer Price Indices in July 2007

Producer prices for manufactured goods rose by 2.6 per cent, export prices by 1.9 per cent and import prices by 2.0 per cent from July 2006 to July 2007. The basic price index for domestic supply went up by 4.0 per cent in the year. The year-on-year change in the wholesale price index amounted to 3.6 per cent.

Among the reasons for the risen producer prices for manufactured products were increases in the prices of basic metals and timber from last year's July. The rise in the prices was curbed by falls in the prices of electrical products and oil products.

From June to July, producer prices for manufactured products fell by 0.1 per cent. The fall was mainly due to cheaper nickel. The fall in the prices was held back by, among other things, risen prices of basic chemicals.

Month-on-month and year-on-year changes in Producer Price Indices in July 2007

Indices (2000=100)	Point figure 07/2007	Change % 06/2007 - 07/2007	Change % 07/2006 - 07/2007
Producer price index for manufactured products, total	102.9	-0.1	2.6
Export price index	94.8	-0.5	1.9
Import price index	115.5	0.0	2.0
Basic price index for domestic supply	115.0	0.3	4.0
Wholesale price index	112.4	0.3	3.6

Source: Producer Price Indices 2007, July. Statistics Finland

Inquiries: Mr Matias Kemppainen +358 9 1734 3564, Mr Anssi Vuorio +358 9 1734 2934, thi.tilastokeskus@stat.fi

Director in charge: Mr Kari Molnar

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Last updated 17.8.2007

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. July 2007. Helsinki: Statistics Finland [referred: 23.11.2024].
Access method: http://www.stat.fi/til/thi/2007/07/thi_2007_07_2007-08-17_tie_001_en.html