Home > Statistics > Producer price indices > 2014 > February > Producer prices for manufactured products fell by 1.3 per cent in February

Published: 24 March 2014

Producer prices for manufactured products fell by 1.3 per cent in February

According to Statistics Finland, producer prices for manufactured products fell by an average of 1.3 per cent from February 2013 to February 2014. The producer prices for manufactured products sold on the domestic market went down by 0.9 per cent, while the producer prices of export products fell by 1.9 per cent.

Producer Price Index (PPI) 2010=100, 2010:01–2014:02

Producer prices for manufactured products went down especially due to reductions in the prices of oil products, manufacturing of basic metals, chemicals and chemical products from last year's February. The fall in producer prices was slowed down especially by higher prices of wood.

The Export Price Index fell by 2.1 per cent and the Import Price Index by 3.5 per cent in the year. The Basic Price Index for Domestic Supply went down by 1.6 per cent. The Basic Price Index for Domestic Supply including taxes went down by 1.4 per cent.

Export prices declined especially due to lower prices of oil products and manufacturing of basic metals from the previous year's February. The falling of the prices was curbed particularly by higher prices of machinery and equipment and wood. The fall in import prices was in turn especially caused by lower prices of crude oil and manufacturing of basic metals compared with February 2013. The fall in the prices was particularly curbed by risen price of chocolate and sugar confectionery.

From January to February, producer prices for manufactured goods went up by 0.1 per cent. The rise was mainly due to higher prices of oil products, iron and steel compared with the previous month.

Producer Price Indices 2010=100

	Index 2014:02	2014:01 - 2014:02, %	2013:02 - 2014:02, %
Producer Price Index, total	105.9	0.1	-1.3
- Producer Price Index, domestic goods	108.9	0.1	-0.9
- Producer Price Index, export goods	102.2	0.2	-1.9
Export Price Index	102.4	0.2	-2.1
Import Price Index	107.1	-0.1	-3.5
Basic Price Index for Domestic Supply	109.0	0.0	-1.6
Basic Price Index for Domestic Supply, incl. taxes	111.6	0.0	-1.4

Producer Price Indices 1949=100

	Index 2014:02	2014:01 - 2014:02, %	2013:02 - 2014:02, %
Production Price Index	1952	0.1	-1.3
Export Price Index (fob)	1672	0.2	-2.1
Import Price Index (cif)	1599	-0.1	-3.5
Wholesale Price Index	2245	0.0	-1.4

Source: Producer Price Index 2014, February. Statistics Finland

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

Director in charge: Leena Storgårds

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Appendix tables

• Appendix table 1. Producer Price Indices 2010=100, index numbers and year-on-year changes (24.3.2014)
• Appendix table 2. Producer Price Indices 1949=100 (24.3.2014)
• Appendix table 3. Producer Price Index 2010=100 (NACE-TOL 2008) (24.3.2014)
• Appendix table 4. Producer Price Index 2010=100 (MIG) (24.3.2014)
• Appendix table 5. Export Price Index 2010=100 (NACE-TOL 2008) (24.3.2014)
• Appendix table 6. Export Price Index 2010=100 (MIG) (24.3.2014)
• Appendix table 7. Import Price Index 2010=100 (NACE-TOL 2008) (24.3.2014)
• Appendix table 8. Import Price Index 2010=100 (MIG) (24.3.2014)
• Appendix table 9. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008) (24.3.2014)
• Appendix table 10. Basic Price Index for Domestic Supply 2010=100 (MIG) (24.3.2014)
• Appendix table 11. Basic Price Index for Domestic Supply 2010=100, including taxes (NACE-TOL 2008) (24.3.2014)
• Appendix table 12. Basic Price Index for Domestic Supply 2010=100, including taxes (MIG) (24.3.2014)
• Appendix table 13. Production Price Index 1949=100 (SITC) (24.3.2014)
• Appendix table 14. Production Price Index 1949=100 (ISIC) (24.3.2014)
• Appendix table 15. Export Price Index (FOB) 1949=100 (SITC) (24.3.2014)
• Appendix table 16. Import Price Index (CIF) 1949=100 (SITC) (24.3.2014)
• Appendix table 17. Wholesale Price Index 1949=100 (SITC) (24.3.2014)
• Appendix table 18. Producer Price Index 2005=100 (NACE-TOL 2008) (24.3.2014)
• Appendix table 19. Export Price Index 2005=100 (NACE-TOL 2008) (24.3.2014)
• Appendix table 20. Import Price Index 2005=100 (NACE-TOL 2008) (24.3.2014)
• Appendix table 21. Basic Price Index for Domestic Supply 2005=100 (NACE-TOL 2008) (24.3.2014)
• Appendix table 22. Wholesale Price Index 2005=100 (NACE-TOL 2008) (24.3.2014)
• Appendix table 23. Producer Price Indices for Services 2010=100 (TOL 2008), 4th quarter 2013 (24.3.2014)
• Appendix table 24. Producer Price Index, international comparison (24.3.2014)
• Appendix table 25. Wood pellet, consumer price (24.3.2014)
• Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002) (24.3.2014)

Quality descriptions

• Quality Description of Producer Price Indices 2010=100 (24.3.2014)

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Updated 24.3.2014