Producer Price Indices in August 2007

Producer prices for manufactured goods rose by 1.8 per cent and export prices by 1.5 per cent, while import prices fell by 0.5 per cent from August 2006 to August 2007. The basic price index for domestic supply went up by 2.6 per cent in the year. The year-on-year change in the wholesale price index amounted to 1.9 per cent.

The increase in the producer prices for manufactured goods was particularly attributable to risen prices of base metals and base chemicals from August 2006. The rise in the prices was curbed by lower prices of electric energy.

From July to August producer prices for manufactured products fell by 0.5 per cent. The fall was mainly due to cheaper prices of nickel and electric energy. The fall in the prices was held back by, among other things, risen prices of chemicals products.

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

Indices (2000=100)	Point figure 08/2007	Change % 07/2007 - 08/2007	Change % 08/2006 - 08/2007
Producer price index for manufactured products, total	102.4	-0.5	1.8
Export price index	94.5	-0.3	1.5
Import price index	112.9	-2.3	-0.5
Basic price index for domestic supply	114.0	-0.8	2.6
Wholesale price index	111.2	-1.0	1.9

Source: Producer Price Indices 2007, August. 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 17.9.2007

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. August 2007. Helsinki: Statistics Finland [referred: 23.11.2024].
Access method: http://www.stat.fi/til/thi/2007/08/thi_2007_08_2007-09-17_tie_001_en.html