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Latest publication: Producer price indices 2022, February

Published: 24 July 2014

Producer prices for manufactured products fell by 0.6 per cent in June

According to Statistics Finland, producer prices for manufactured products fell by an average of 0.6 per cent from June 2013 to June 2014. The producer prices for manufactured products sold on the domestic market went down by 0.8 per cent, while the producer prices of export products fell by 0.4 per cent.

Producer Price Index (PPI) 2010=100, 2010:01–2014:06

Producer Price Index (PPI) 2010=100, 2010:01–2014:06
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 June. The fall in producer prices was slowed down, in particular, by higher prices of wood.

The Export Price Index fell by 0.6 per cent and the Import Price Index by 0.1 per cent in the year. The Basic Price Index for Domestic Supply went down by 0.7 per cent. The Basic Price Index for Domestic Supply including taxes went down by 0.5 per cent.

Export prices were, in particular, depressed by the falling prices of manufacturing of basic metals and chemicals and chemical products from June 2013. The fall in the prices was particularly curbed by risen prices of oil products. The fall in import prices was, in turn, caused by lower prices of chemicals and chemical products, as well as hard coal and brown coal compared with June 2013. The fall in the prices was particularly curbed by risen price of basic precious metals and other non-ferrous metals.

From May to June, producer prices for manufactured products rose by 0.3 per cent. The rise was mainly due to higher prices of oil products and pulp, paper, paperboard and cardboard compared with the previous month.

Producer Price Indices 2010=100

  Index 2014:06 2014:05 - 2014:06, % 2013:06 - 2014:06, %
Producer Price Index, total 106.0 0.3 -0.6
- Producer Price Index, domestic goods 108.4 0.3 -0.8
- Producer Price Index, export goods 103.0 0.4 -0.4
Export Price Index 103.1 0.3 -0.6
Import Price Index 108.4 0.6 -0.1
Basic Price Index for Domestic Supply 109.1 0.3 -0.7
Basic Price Index for Domestic Supply, incl. taxes 111.7 0.3 -0.5

Producer Price Indices 1949=100

  Index 2014:06 2014:05 - 2014:06, % 2013:06 - 2014:06, %
Production Price Index 1954 0.3 -0.6
Export Price Index (fob) 1682 0.3 -0.6
Import Price Index (cif) 1617 0.6 -0.1
Wholesale Price Index 2247 0.3 -0.5

Source: Producer Price Index 2014, June. 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 24.7.2014

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. June 2014. Helsinki: Statistics Finland [referred: 24.5.2022].
Access method: http://www.stat.fi/til/thi/2014/06/thi_2014_06_2014-07-24_tie_001_en.html