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Latest publication: Producer price indices 2022, February

Published: 24 July 2015

Producer prices for manufactured products fell by 1.2 per cent from June last year

According to Statistics Finland, producer prices for manufactured products fell by an average of 1.2 per cent from June 2014 to June 2015. The producer prices for manufactured products sold on the domestic market went down by 1.7 per cent, while the producer prices of export products fell by 0.5 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–6/2015

Producer Price Index (PPI) 2010=100, 1/2010–6/2015
The fall in the producer prices for manufactured products was particularly caused by reductions in the prices of oil products and electricity from June 2014. The fall in producer prices was slowed down especially by higher prices of paper and paper board products.

The export price index fell by 0.4 per cent and the import price index by 5.7 per cent in the year. The Basic Price Index for Domestic Supply went down by 2.8 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 June 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 compared with last year's June. The fall in prices was slowed down, in particular, by higher prices of electronic appliances.

From May to June, producer prices for manufactured products fell by 0.3 per cent. The drop was mainly due to lower prices of manufacturing of basic metals compared with the previous month.

Producer Price Indices 2010=100, June 2015

  Index Monthly change, % Annual change, %
Producer Price Index, total 104.7 -0.3 -1.2
- Producer Price Index, domestic goods 106.6 -0.2 -1.7
- Producer Price Index, export goods 102.5 -0.4 -0.5
Export Price Index 102.6 -0.4 -0.4
Import Price Index 102.2 -1.1 -5.7
Basic Price Index for Domestic Supply 106.0 -0.5 -2.8
Basic Price Index for Domestic Supply, incl. taxes 108.9 -0.5 -2.5

Producer Price Indices 1949=100, June 2015

  Index Monthly change, % Annual change, %
Production Price Index 1931 -0.3 -1.2
Export Price Index 1675 -0.4 -0.4
Import Price Index 1526 -1.1 -5.7
Wholesale Price Index 2190 -0.5 -2.5

Source: Producer Price Index 2015, June. 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: Mari Ylä-Jarkko

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Updated 24.7.2015

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. June 2015. Helsinki: Statistics Finland [referred: 25.5.2022].
Access method: http://www.stat.fi/til/thi/2015/06/thi_2015_06_2015-07-24_tie_001_en.html