Home > Statistics > Producer price indices > 2016 > July > Producer prices for manufactured products fell by 3.8 per cent from July last year

Published: 24 August 2016

Producer prices for manufactured products fell by 3.8 per cent from July last year

According to Statistics Finland, producer prices for manufactured products fell by an average of 3.8 per cent from July 2015 to July 2016. The producer prices for manufactured products sold on the domestic market went down by 3.1 per cent, while the producer prices of export products fell by 4.8 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–7/2016

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 chemicals and chemical products from July 2015. The fall in producer prices was slowed down especially by higher prices of electricity and paper and paper board products.

The export price index fell by 4.8 per cent and the import price index by 5.0 per cent in the year. The Basic Price Index for Domestic Supply went down by 2.4 per cent. The Basic Price Index for Domestic Supply including taxes fell by 1.8 per cent.

Export prices were in particular depressed by the falling prices of oil products and manufacturing of basic metals from July 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 chemicals and chemical products compared with the previous year's July. The fall in prices was slowed down, in particular, by higher prices of electricity.

From June to July, producer prices for manufactured products fell by 0.3 per cent. The drop was mainly due to lower prices of oil products from the previous month.

Producer Price Indices 2010=100, July 2016

	Index	Monthly change, %	Annual change, %
Producer Price Index, total	100.8	-0.3	-3.8
- Producer Price Index, domestic goods	103.4	-0.2	-3.1
- Producer Price Index, export goods	97.6	-0.5	-4.8
Export Price Index	97.7	-0.5	-4.8
Import Price Index	96.4	-0.3	-5.0
Basic Price Index for Domestic Supply	103.2	-0.1	-2.4
Basic Price Index for Domestic Supply, incl. taxes	106.7	-0.1	-1.8

Producer Price Indices 1949=100, July 2016

	Index	Monthly change, %	Annual change, %
Production Price Index	1858	-0.3	-3.8
Export Price Index	1595	-0.5	-4.8
Import Price Index	1439	-0.3	-5.0
Wholesale Price Index	2147	-0.1	-1.8

Source: Producer Price Index 2016, July. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Mervi Nyfors 029 551 3480, Anna-Riikka Pitkänen 029 551 3466, Jenna Lackbergh 029 551 3578, thi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Appendix tables

• Appendix table 1. Producer Price Indices 2010=100, index numbers and year-on-year changes, July 2016 (24.8.2016)
• Appendix table 2. Producer Price Indices 1949=100, July 2016 (24.8.2016)
• Appendix table 3. Producer Price Index 2010=100 (NACE-TOL 2008), July 2016 (24.8.2016)
• Appendix table 4. Producer Price Index 2010=100 (MIG), July 2016 (24.8.2016)
• Appendix table 5. Export Price Index 2010=100 (NACE-TOL 2008), July 2016 (24.8.2016)
• Appendix table 6. Export Price Index 2010=100 (MIG), July 2016 (24.8.2016)
• Appendix table 7. Import Price Index 2010=100 (NACE-TOL 2008), July 2016 (24.8.2016)
• Appendix table 8. Import Price Index 2010=100 (MIG), July 2016 (24.8.2016)
• Appendix table 9. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), July 2016 (24.8.2016)
• Appendix table 10. Basic Price Index for Domestic Supply 2010=100 (MIG), July 2016 (24.8.2016)
• Appendix table 11. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), including taxes, July 2016 (24.8.2016)
• Appendix table 12. Basic Price Index for Domestic Supply 2010=100 (MIG), including taxes, July 2016 (24.8.2016)
• Appendix table 13. Production Price Index 1949=100 (SITC), July 2016 (24.8.2016)
• Appendix table 14. Production Price Index 1949=100 (ISIC), July 2016 (24.8.2016)
• Appendix table 15. Export Price Index 1949=100, July 2016 (24.8.2016)
• Appendix table 16. Import Price Index 1949=100, July 2016 (24.8.2016)
• Appendix table 17. Wholesale Price Index 1949=100, July 2016 (24.8.2016)
• Appendix table 18. Producer Price Index 2005=100, July 2016 (24.8.2016)
• Appendix table 19. Export Price Index 2005=100, July 2016 (24.8.2016)
• Appendix table 20. Import Price Index 2005=100, July 2016 (24.8.2016)
• Appendix table 21. Basic Price Index for Domestic Supply 2005=100, July 2016 (24.8.2016)
• Appendix table 22. Wholesale Price Index 2005=100, July 2016 (24.8.2016)
• Appendix table 23. Producer Price Indices for Services 2010=100, 2nd quarter 2016 (24.8.2016)
• Appendix table 24. Producer Price Index, international comparison (24.8.2016)
• Appendix table 25. Wood pellet, consumer price (24.8.2016)
• Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), July 2016 (24.8.2016)

Quality descriptions

• Quality Description of Producer Price Indices 2010=100 (24.8.2016)

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Updated 24.8.2016