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Latest publication: Producer price indices 2022, February

Published: 24 June 2014

Producer prices for manufactured products fell by 1.1 per cent in May

According to Statistics Finland, producer prices for manufactured products fell by an average of 1.1 per cent from May 2013 to May 2014. The producer prices for manufactured products sold on the domestic market went down by 1.1 per cent, while the producer prices of export products fell by 1.0 per cent.

Producer Price Index (PPI) 2010=100, 2010:01–2014:05

Producer Price Index (PPI) 2010=100, 2010:01–2014:05
Producer prices for manufactured products went down especially due to reductions in the prices of electricity, manufacturing of basic metals and paper and board products from last year's May. The fall in producer prices was slowed down in particular by higher prices of wood.

The Export Price Index fell by 1.2 per cent and the Import Price Index by 1.2 per cent in the year. The Basic Price Index for Domestic Supply went down by 1.2 per cent. The Basic Price Index for Domestic Supply including taxes went down by 0.9 per cent.

Export prices were, in particular, depressed by the falling prices of manufacturing of basic metals and paper and board products from May 2013. The fall in the prices was particularly curbed by higher prices of wood. The fall in import prices was in turn caused by lower prices of chemicals and chemical products and coal and lignite compared with May 2013. The fall in the prices was particularly curbed by risen price of basic precious metals and other non-ferrous metals.

From April to May, producer prices for manufactured products rose by 0.2 per cent. The rise was mainly due to higher prices of manufacturing of basic metals and wood compared with the previous month.

Producer Price Indices 2010=100

  Index 2014:05 2014:04 - 2014:05, % 2013:05 - 2014:05, %
Producer Price Index, total 105.6 0.2 -1.1
- Producer Price Index, domestic goods 108.1 0.0 -1.1
- Producer Price Index, export goods 102.6 0.5 -1.0
Export Price Index 102.7 0.5 -1.2
Import Price Index 107.7 0.8 -1.2
Basic Price Index for Domestic Supply 108.7 0.2 -1.2
Basic Price Index for Domestic Supply, incl. taxes 111.3 0.2 -0.9

Producer Price Indices 1949=100

  Index 2014:05 2014:04 - 2014:05, % 2013:05 - 2014:05, %
Production Price Index 1947 0.2 -1.1
Export Price Index (fob) 1677 0.5 -1.2
Import Price Index (cif) 1608 0.8 -1.2
Wholesale Price Index 2239 0.2 -0.9

Source: Producer Price Index 2014, May. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Mervi Nyfors 029 551 3480, Merja Pokela 029 551 3283, Aleksi Surakka 029 551 3933, Anna-Riikka Pitkänen 029 551 3466, thi.tilastokeskus@stat.fi

Director in charge: Leena Storgårds

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Updated 24.6.2014

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. May 2014. Helsinki: Statistics Finland [referred: 26.5.2022].
Access method: http://www.stat.fi/til/thi/2014/05/thi_2014_05_2014-06-24_tie_001_en.html