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Published: 17 December 2008

Producer Price Indices in November 2008

Producer prices for manufactured products rose by 2.1 per cent, while export prices fell by 1.9 per cent and import prices by 4.1 per cent from November 2007 to November 2008. The basic price index for domestic supply went up by 1.8 per cent in the year. The year-on-year change in the wholesale price index was 1.2 per cent.

The rise in the producer prices for manufactured products was particularly caused by increased prices of electricity from November 2007. The rise in the prices was curbed by falls in the prices of non-ferrous metals and oil products.

From October to November, producer prices for manufactured goods fell by 1.4 per cent. The fall in the prices was especially due to reductions in the prices of oil products.

Month-on-month and year-on-year changes in Producer Price Indices in November 2008

Indices
(2000=100)
Point figure
11/2008
Change %
10/2008 - 11/2008
Change %
11/2007 - 11/2008
Producer price index for manufactured products, total 105.7 -1.4 2.1
Export price index 93.3 -2.0 -1.9
Import price index 111.2 -4.0 -4.1
Basic price index for domestic supply 118.2 -1.8 1.8
Wholesale price index 114.4 -1.9 1.2

Source: Producer Price Index 2008, November. Statistics Finland

Inquiries: Ms Jaana Hellman +358 9 1734 2661, Mr Toni Udd +358 9 1734 3380, thi.tilastokeskus@stat.fi

Director in charge: Mr Kari Molnar

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Last updated 17.12.2008

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. November 2008. Helsinki: Statistics Finland [referred: 23.6.2024].
Access method: http://www.stat.fi/til/thi/2008/11/thi_2008_11_2008-12-17_tie_001_en.html