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Published: 26 August 2013

Producer prices for manufactured products remained on average unchanged in July

According to Statistics Finland, producer prices for manufactured products remained on average unchanged from July 2012 to July 2013. Producer prices for manufactured products sold on the domestic market rose by 1.5 per cent, while the producer prices of export products went down by 1.8 per cent.

Producer Price Index (PPI) 2010=100, 2010:01–2013:07

Producer Price Index (PPI) 2010=100, 2010:01–2013:07
The Export Price Index fell by 1.7 per cent and the Import Price Index by 1.8 per cent in the year. The Basic Price Index for Domestic Supply went up by 0.7 per cent. The year-on-year change in the Basic Price Index for Domestic Supply, Including Taxes was 1.6 per cent.

The rise in the producer prices for manufactured products was particularly caused by increased prices of electricity, food, district heating and machines and equipment compared to July 2012. The rise was curbed by falls in the prices of manufacturing of basic metals and oil products.

From June to July, producer prices for manufactured products fell by 0.1 per cent. The fall was mainly due to decreased prices of iron and steel and basic chemicals.

Producer Price Indices 2010=100

  Index 2013:07 2013:06 - 2013:07, % 2012:07 - 2013:07, %
Producer Price Index, total 106.5 -0.1 0.0
- Producer Price Index, domestic goods 109.1 -0.1 1.5
- Producer Price Index, export goods 103.4 0.0 -1.8
Export Price Index 103.7 0.0 -1.7
Import Price Index 108.8 0.3 -1.8
Basic Price Index for Domestic Supply 109.8 0.0 0.7
Basic Price Index for Domestic Supply, incl. taxes 112.3 0.0 1.6

Producer Price Indices 1949=100

  Index 2013:07 2013:06 - 2013:07, % 2012:07 - 2013:07, %
Production Price Index 1964 -0.1 0.0
Export Price Index (fob) 1693 0.0 -1.7
Import Price Index (cif) 1624 0.3 -1.8
Wholesale Price Index 2258 0.0 1.6

Source: Producer Price Index 2013, July. Statistics Finland

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

Director in charge: Leena Storgårds

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Updated 26.8.2013

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. July 2013. Helsinki: Statistics Finland [referred: 19.11.2024].
Access method: http://www.stat.fi/til/thi/2013/07/thi_2013_07_2013-08-26_tie_001_en.html