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Latest publication: Producer price indices 2022, February

Published: 24 March 2016

Producer prices for manufactured products fell by 4.1 per cent from February last year

According to Statistics Finland, producer prices for manufactured products fell by an average of 4.1 per cent from February 2015 to February 2016. The producer prices for manufactured products sold on the domestic market went down by 3.9 per cent, while the producer prices of export products fell by 4.5 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–2/2016

Producer Price Index (PPI) 2010=100, 1/2010–2/2016
The fall in the producer prices for manufactured products was particularly caused by reductions in the prices of oil products, manufacturing of basic metals and electricity from February 2015. The fall in producer prices was slowed down especially by higher prices of paper and paper board products and manufacturing of machinery and equipment.

The export price index fell by 4.5 per cent and the import price index by 8.2 per cent in the year. The Basic Price Index for Domestic Supply went down by 4.2 per cent. The Basic Price Index for Domestic Supply including taxes fell by 3.7 per cent.

Export prices were in particular depressed by the falling prices of oil products and manufacturing of basic metals from February 2015. 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 and manufacturing of basic metals compared with the previous year's February. The fall in prices was slowed down, in particular, by higher prices of paper and paper board products.

From January to February, producer prices for manufactured products fell by 0.8 per cent. The drop was mainly due to lower prices of manufacturing of basic metals from the previous month.

Producer Price Indices 2010=100, February 2016

  Index Monthly change, % Annual change, %
Producer Price Index, total 99.7 -0.8 -4.1
- Producer Price Index, domestic goods 102.2 -0.9 -3.9
- Producer Price Index, export goods 96.6 -0.8 -4.5
Export Price Index 96.7 -0.7 -4.5
Import Price Index 93.1 -0.8 -8.2
Basic Price Index for Domestic Supply 101.3 -0.7 -4.2
Basic Price Index for Domestic Supply, incl. taxes 104.8 -0.6 -3.7

Producer Price Indices 1949=100, February 2016

  Index Monthly change, % Annual change, %
Production Price Index 1838 -0.8 -4.1
Export Price Index 1578 -0.7 -4.5
Import Price Index 1389 -0.8 -8.2
Wholesale Price Index 2108 -0.6 -3.7

Source: Producer Price Index 2016, 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: Ville Vertanen

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Updated 24.3.2016

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. February 2016. Helsinki: Statistics Finland [referred: 25.5.2022].
Access method: http://www.stat.fi/til/thi/2016/02/thi_2016_02_2016-03-24_tie_001_en.html