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Published: 24 September 2012

Producer prices for manufactured products rose by 1.5 per cent in August

According to Statistics Finland, producer prices for manufactured products rose by an average of 1.5 per cent from August 2011 to August 2012. Producer prices for manufactured products sold on the domestic market went up by 2.0 per cent, while the producer prices of export industries rose by 0.9 per cent.

Producer Price Index (PPI) 2010=100, 2010:01–2012:08

Producer Price Index (PPI) 2010=100, 2010:01–2012:08
The Export Price Index rose by 0.9 per cent and the Import Price Index by 4.8 per cent in the year. The Basic Price Index for Domestic Supply went up by 3.3 per cent and the year-on-year change in the Basic Price Index for Domestic Supply, Including Taxes was 3.5 per cent.

The rise in the producer prices for manufactured products was particularly caused by higher prices of oil products, food and metal products from August of the previous year. The increase was curbed above all by lower costs of the manufacturing of basic metals and electricity.

From July to August, producer prices for manufactured products rose by 1.1 per cent. This was mainly due to risen prices of oil products.

Producer Price Indices 2010=100

  Index 2012:08 2012:07 - 2012:08, % 2011:08 - 2012:08, %
Producer Price Index, total 107.8 1.1 1.5
- Producer Price Index, domestic goods 109.3 1.7 2.0
- Producer Price Index, export goods 105.8 0.5 0.9
Export Price Index 106.0 0.5 0.9
Import Price Index 113.0 2.0 4.8
Basic Price Index for Domestic Supply 110.6 1.4 3.3
Basic Price Index for Domestic Supply, incl. taxes 111.9 1.3 3.5

Producer Price Indices 1949=100

  Index 2012:08 2012:07 - 2012:08, % 2011:08 - 2012:08, %
Production Price Index 1986 1.1 1.6
Export Price Index (fob) 1730 0.5 0.7
Import Price Index (cif) 1687 2.0 5.0
Wholesale Price Index 2252 1.3 3.5

Source: Producer Price Index 2012, August. Statistics Finland

Inquiries: Joonas Isoketo 09 1734 2992, Mervi Nyfors 09 1734 3480, Merja Pokela 09 1734 3283, Anna-Riikka Pitkänen 09 1734 3466, Toni Udd 09 1734 3380, thi.tilastokeskus@stat.fi

Director in charge: Kari Molnar

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Updated 24.9.2012

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. August 2012. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/thi/2012/08/thi_2012_08_2012-09-24_tie_001_en.html