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Published: 17 December 2010

Producer prices for manufactured products rose by 6.6 per cent in the year

According to Statistics Finland, producer prices for manufactured products rose by an average of 6.6 per cent from November 2009 to November 2010. Producer prices for manufactured products sold on the domestic market rose by 7.0 per cent, while the producer prices of export industries went up by 6.2 per cent.

Producer Price Index (PPI) 2005=100, 2005:01–2010:11

Producer Price Index (PPI) 2005=100, 2005:01–2010:11
The export price index rose by 6.5 per cent and the import price index by 8.7 per cent in the year. The year-on-year change in the basic price index for domestic supply was by 7.3 per cent and that in the wholesale price index was 8.8 per cent.

The rise in the producer prices for manufactured products was caused by increased prices of, for instance, oil products and pulp from the previous year’s November. The rising of the prices was curbed by falls in the prices of electronic products.

From October to November, producer prices for manufactured products remained unchanged, on average. The prices of oil products, among others, rose, while the prices of metals and pulp fell.

Table 1. Producer Price Indices 2005=100

  Index 2010:11 2010:10 - 2010:11, % 2009:11 - 2010:11, %
Producer Price Index, total 110.0 0.0 6.6
- Producer Price Index, domestic goods 120.4 -0.1 7.0
- Producer Price Index, export goods 99.7 0.1 6.2
Export Price Index 99.9 0.2 6.5
Import Price Index 111.4 0.8 8.7
Basic Price Index for Domestic Supply 116.3 0.4 7.3
Wholesale Price Index 115.8 0.5 8.8

Table 2. Producer Price Indices 1949=100

  Index 2010:11 2010:10 - 2010:11, % 2009:11 - 2010:11, %
Production Price Index 1872 0.0 6.6
Export Price Index (fob) 1660 0.2 6.5
Import Price Index (cif) 1523 0.8 8.7
Wholesale Price Index 2047 0.5 8.8

Source: Producer Price Index 2010, November. Statistics Finland

Inquiries: Toni Udd (09) 1734 3380, Anna-Riikka Pitkänen (09) 1734 3466, Marja Ikonen (09) 1734 3480, Merja Pokela (09) 1734 3283, thi.tilastokeskus@tilastokeskus.fi

Director in charge: Kari Molnar

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Updated 17.12.2010

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. November 2010. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/thi/2010/11/thi_2010_11_2010-12-17_tie_001_en.html