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Latest publication: Producer price indices 2022, February

Published: 24 September 2014

Producer prices for manufactured products fell by 0.8 per cent in August year-on-year

According to Statistics Finland, producer prices for manufactured products fell by an average of 0.8 per cent from August 2013 to August 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 0.6 per cent.

Producer Price Index (PPI) 2010=100, 2010:01–2014:08

Producer Price Index (PPI) 2010=100, 2010:01–2014:08
Producer prices for manufactured products went down especially due to reductions in the prices of oil products, electricity, and paper and board products from last year's August. The fall in producer prices was particularly curbed by risen prices of precious metals and other non-ferrous metals.

The Export Price Index fell by 0.9 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 0.9 per cent. The Basic Price Index for Domestic Supply including taxes went down by 0.7 per cent.

Export prices were, in particular, depressed by the falling prices of oil products and iron and steel from August 2013. The fall in the prices was particularly curbed by risen prices of basic precious metals and other non-ferrous metals. The fall in import prices was especially caused by lower prices of oil products and electricity compared with last year's August. The fall in the prices was particularly curbed by risen prices of basic precious metals and other non-ferrous metals.

From July to August, producer prices for manufactured products remained unchanged on the average.

Producer Price Indices 2010=100

  Index 2014:08 2014:07 - 2014:08, % 2013:08 - 2014:08, %
Producer Price Index, total 106.0 0.0 -0.8
- Producer Price Index, domestic goods 108.6 0.0 -0.9
- Producer Price Index, export goods 102.8 -0.1 -0.6
Export Price Index 102.8 -0.2 -0.9
Import Price Index 107.5 -0.5 -1.2
Basic Price Index for Domestic Supply 108.9 -0.1 -0.9
Basic Price Index for Domestic Supply, incl. taxes 111.5 -0.2 -0.7

Producer Price Indices 1949=100

  Index 2014:08 2014:07 - 2014:08, % 2013:08 - 2014:08, %
Production Price Index 1953 0.0 -0.8
Export Price Index (fob) 1678 -0.2 -0.9
Import Price Index (cif) 1604 -0.5 -1.2
Wholesale Price Index 2243 -0.2 -0.7

Source: Producer Price Index 2014, August. Statistics Finland

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

Director in charge: Leena Storgårds

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Updated 24.9.2014

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. August 2014. Helsinki: Statistics Finland [referred: 24.5.2022].
Access method: http://www.stat.fi/til/thi/2014/08/thi_2014_08_2014-09-24_tie_001_en.html