Home > Statistics > Producer price indices > 2014 > December > Producer prices for manufactured products fell by 1.8 per cent from December last year

Published: 26 January 2015

Producer prices for manufactured products fell by 1.8 per cent from December last year

According to Statistics Finland, producer prices for manufactured products fell by an average of 1.8 per cent from December 2013 to December 2014. The producer prices for manufactured products sold on the domestic market went down by 1.9 per cent, while the producer prices of export products fell by 1.7 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–12/2014

Producer prices for manufactured products went down especially due to reductions in the prices of oil products, electricity, and iron and steel from last year's December. The fall in producer prices was slowed down, in particular, by higher prices of manufacturing of basic metals.

The export price index fell by 1.8 per cent and the import price index by 5.1 per cent in the year. The Basic Price Index for Domestic Supply went down by 2.7 per cent. The Basic Price Index for Domestic Supply including taxes fell by 2.5 per cent.

Export prices were, in particular, depressed by the falling prices of oil products and iron and steel from December 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, in turn, especially caused by lower prices of oil products, chemicals and chemical products from last year's December. The fall in prices was slowed down, in particular, by higher prices of basic precious metals and other non-ferrous metals.

From November to December, producer prices for manufactured products fell by 1.4 per cent. The fall was mainly due to decreased prices of oil products from the previous month.

Producer Price Indices 2010=100, December 2014

	Index	Monthly change, %	Annual change, %
Producer Price Index, total	103.8	-1.4	-1.8
- Producer Price Index, domestic goods	106.5	-1.2	-1.9
- Producer Price Index, export goods	100.6	-1.7	-1.7
Export Price Index	100.7	-1.6	-1.8
Import Price Index	101.7	-2.8	-5.1
Basic Price Index for Domestic Supply	105.9	-1.4	-2.7
Basic Price Index for Domestic Supply, incl. taxes	108.6	-1.3	-2.5

Producer Price Indices 1949=100, December 2014

	Index	Monthly change, %	Annual change, %
Production Price Index	1914	-1.4	-1.8
Export Price Index	1643	-1.6	-1.8
Import Price Index	1517	-2.8	-5.1
Wholesale Price Index	2184	-1.3	-2.5

Source: Producer Price Index 2014, December. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Mervi Nyfors 029 551 3480, Olavi Savolainen 029 551 3303, Anna-Riikka Pitkänen 029 551 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, December 2014 (26.1.2015)
• Appendix table 2. Producer Price Indices 1949=100, December 2014 (26.1.2015)
• Appendix table 3. Producer Price Index 2010=100, December 2014 (26.1.2015)
• Appendix table 4. Producer Price Index 2010=100, December 2014 (26.1.2015)
• Appendix table 5. Export Price Index 2010=100, December 2014 (26.1.2015)
• Appendix table 6. Export Price Index 2010=100, December 2014 (26.1.2015)
• Appendix table 7. Import Price Index 2010=100, December 2014 (26.1.2015)
• Appendix table 8. Import Price Index 2010=100, December 2014 (26.1.2015)
• Appendix table 9. Basic Price Index for Domestic Supply 2010=100, December 2014 (26.1.2015)
• Appendix table 10. Basic Price Index for Domestic Supply 2010=100, December 2014 (26.1.2015)
• Appendix table 11. Basic Price Index for Domestic Supply 2010=100, including taxes, December 2014 (26.1.2015)
• Appendix table 12. Basic Price Index for Domestic Supply 2010=100, including taxes, December 2014 (26.1.2015)
• Appendix table 13. Production Price Index 1949=100, December 2014 (26.1.2015)
• Appendix table 14. Production Price Index 1949=100, December 2014 (26.1.2015)
• Appendix table 15. Export Price Index 1949=100, December 2014 (26.1.2015)
• Appendix table 16. Import Price Index 1949=100, December 2014 (26.1.2015)
• Appendix table 17. Wholesale Price Index 1949=100, December 2014 (26.1.2015)
• Appendix table 18. Producer Price Index 2005=100, December 2014 (26.1.2015)
• Appendix table 19. Export Price Index 2005=100, December 2014 (26.1.2015)
• Appendix table 20. Import Price Index 2005=100, December 2014 (26.1.2015)
• Appendix table 21. Basic Price Index for Domestic Supply 2005=100, December 2014 (26.1.2015)
• Appendix table 22. Wholesale Price Index 2005=100, December 2014 (26.1.2015)
• Appendix table 23. Producer Price Indices for Services 2010=100, 4th quarter 2014 (26.1.2015)
• Appendix table 24. Producer Price Index, international comparison (26.1.2015)
• Appendix table 25. Wood pellet, consumer price (26.1.2015)
• Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), December 2014 (26.1.2015)

Quality descriptions

• Quality Description of Producer Price Indices 2010=100 (26.1.2015)

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Updated 26.1.2015