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Latest publication: Producer price indices 2022, February

Published: 24 March 2015

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

According to Statistics Finland, producer prices for manufactured products fell by an average of 1.8 per cent from February 2014 to February 2015. The producer prices for manufactured products sold on the domestic market went down by 2.3 per cent, while the producer prices of export products fell by 1.1 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–2/2015

Producer Price Index (PPI) 2010=100, 1/2010–2/2015
Producer prices for manufactured products went down especially due to reductions in the prices of oil products, electricity, chemicals and chemical products from last year's February. The fall in producer prices was slowed down especially by higher prices of paper and paper board products.

The export price index fell by 1.2 per cent and the import price index by 5.3 per cent in the year. The Basic Price Index for Domestic Supply went down by 3.0 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 from February 2014. The fall in prices was slowed down especially by higher prices of paper and paper board products. The fall in import prices was, in turn, especially caused by lower prices of oil products, chemicals and chemical products from last year's February. The fall in the prices was particularly curbed by risen prices of basic precious metals and other non-ferrous metals.

From January to February, producer prices for manufactured goods went up by 1.0 per cent. The rise was mainly due to increased prices of oil products from the previous month.

Producer Price Indices 2010=100, February 2015

  Index Monthly change, % Annual change, %
Producer Price Index, total 104.0 1.0 -1.8
- Producer Price Index, domestic goods 106.4 1.1 -2.3
- Producer Price Index, export goods 101.1 1.0 -1.1
Export Price Index 101.2 1.0 -1.2
Import Price Index 101.5 1.9 -5.3
Basic Price Index for Domestic Supply 105.7 1.1 -3.0
Basic Price Index for Domestic Supply, incl. taxes 108.8 1.1 -2.5

Producer Price Indices 1949=100, February 2015

  Index Monthly change, % Annual change, %
Production Price Index 1917 1.0 -1.8
Export Price Index 1652 1.0 -1.2
Import Price Index 1514 1.9 -5.3
Wholesale Price Index 2188 1.1 -2.5

Source: Producer Price Index 2015, February. Statistics Finland

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

Director in charge: Leena Storgårds

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Updated 24.3.2015

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. February 2015. Helsinki: Statistics Finland [referred: 26.5.2022].
Access method: http://www.stat.fi/til/thi/2015/02/thi_2015_02_2015-03-24_tie_001_en.html