Home > Statistics > Producer price indices > 2017 > July > Producer prices for manufactured products grew by 3.7 per cent from July last year

Published: 24 August 2017

Producer prices for manufactured products grew by 3.7 per cent from July last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 3.7 per cent from July 2016 to July 2017. Producer prices for manufactured products sold on the domestic market rose by 3.2 per cent, while the producer prices of export products went up by 4.5 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–7/2017

The rise in the producer prices for manufactured products was particularly caused by increased prices of manufacturing of basic metals, chemicals and chemical products, and oil products from July 2016. The rising of producer prices was curbed particularly by falls in the prices of paper and paper products and electricity.

The Export Price Index rose by 4.4 per cent and the Import Price Index by 8.8 per cent in the year. The Basic Price Index for Domestic Supply went up by 4.7 per cent. The Basic Price Index for Domestic Supply including taxes went up by 4.4 per cent.

Export prices were, in particular, boosted by the higher prices of manufacturing of basic metals and chemicals and chemical products from July 2016. The rising of the prices was curbed especially by fallen cost of paper and paper board. The rise in import prices was in turn especially caused by higher prices of metal ores, manufacturing of basic metals and hard coal compared with the previous year's July. The increase was curbed above all by lower costs of the manufacturing of electrical equipment.

From June to July, producer prices for manufactured products rose by 0.2 per cent. The rise was mainly due to increased prices of electricity from the previous month.

Producer Price Indices 2010=100, July 2017

	Index	Monthly change, %	Annual change, %
Producer Price Index, total	104.6	0.2	3.7
- Producer Price Index, domestic goods	106.7	0.2	3.2
- Producer Price Index, export goods	102.0	0.3	4.5
Export Price Index	102.0	0.3	4.4
Import Price Index	104.9	0.4	8.8
Basic Price Index for Domestic Supply	108.1	0.3	4.7
Basic Price Index for Domestic Supply, incl. taxes	111.4	0.3	4.4

Producer Price Indices 1949=100, July 2017

	Index	Monthly change, %	Annual change, %
Production Price Index	1928	0.2	3.7
Export Price Index	1665	0.3	4.4
Import Price Index	1566	0.4	8.8
Wholesale Price Index	2241	0.3	4.4

Source: Producer Price Index 2017, July. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Mikael Mäkimattila 029 551 2992, Antti Kytönen 029 551 3475, Anna-Riikka Pitkänen 029 551 3466, 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 2017 (24.8.2017)
• Appendix table 2. Producer Price Indices 1949=100, July 2017 (24.8.2017)
• Appendix table 3. Producer Price Index 2010=100 (NACE-TOL 2008), July 2017 (24.8.2017)
• Appendix table 4. Producer Price Index 2010=100 (MIG), July 2017 (24.8.2017)
• Appendix table 5. Export Price Index 2010=100 (NACE-TOL 2008), July 2017 (24.8.2017)
• Appendix table 6. Export Price Index 2010=100 (MIG), July 2017 (24.8.2017)
• Appendix table 7. Import Price Index 2010=100 (NACE-TOL 2008), July 2017 (24.8.2017)
• Appendix table 8. Import Price Index 2010=100 (MIG), July 2017 (24.8.2017)
• Appendix table 9. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), July 2017 (24.8.2017)
• Appendix table 10. Basic Price Index for Domestic Supply 2010=100 (MIG), July 2017 (24.8.2017)
• Appendix table 11. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), including taxes, July 2017 (24.8.2017)
• Appendix table 12. Basic Price Index for Domestic Supply 2010=100 (MIG), including taxes, July 2017 (24.8.2017)
• Appendix table 13. Production Price Index 1949=100 (SITC), July 2017 (24.8.2017)
• Appendix table 14. Production Price Index 1949=100 (ISIC), July 2017 (24.8.2017)
• Appendix table 15. Export Price Index 1949=100, July 2017 (24.8.2017)
• Appendix table 16. Import Price Index 1949=100, July 2017 (24.8.2017)
• Appendix table 17. Wholesale Price Index 1949=100, July 2017 (24.8.2017)
• Appendix table 18. Producer Price Index 2005=100, July 2017 (24.8.2017)
• Appendix table 19. Export Price Index 2005=100, July 2017 (24.8.2017)
• Appendix table 20. Import Price Index 2005=100, July 2017 (24.8.2017)
• Appendix table 21. Basic Price Index for Domestic Supply 2005=100, July 2017 (24.8.2017)
• Appendix table 22. Wholesale Price Index 2005=100, July 2017 (24.8.2017)
• Appendix table 23. Producer Price Indices for Services 2010=100, 2nd quarter 2017 (24.8.2017)
• Appendix table 24. Producer Price Index, international comparison (24.8.2017)
• Appendix table 25. Wood pellet, consumer price (24.8.2017)
• Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), July 2017 (24.8.2017)

Quality descriptions

• Quality Description of Producer Price Indices 2010=100 (24.8.2017)

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Updated 24.8.2017