Published: 25 September 2017
Producer prices for manufactured products grew by 3.8 per cent from August last year
According to Statistics Finland, producer prices for manufactured products rose by an average of 3.8 per cent from August 2016 to August 2017. Producer prices for manufactured products sold on the domestic market rose by 3.4 per cent, while the producer prices of export products went up by 4.3 per cent.
Producer Price Index (PPI) 2010=100, 1/2010–8/2017
The increase in the producer prices for manufactured goods was particularly attributable to risen prices of manufacturing of basic metals, oil products and chemicals and chemical products from August 2016. The rising of producer prices was curbed particularly by falls in the prices of paper and paper products and printing services.
The Export Price Index rose by 4.2 per cent and the Import Price Index by 8.9 per cent in the year. The Basic Price Index for Domestic Supply went up by 4.8 per cent. The Basic Price Index for Domestic Supply including taxes went up by 4.5 per cent.
Export prices were, in particular, boosted by the higher prices of manufacturing of basic metals and chemicals and chemical products from August 2016. The rising of the prices was curbed particularly by fallen cost of paper and paper board. The rise in import prices was, in turn, especially caused by higher prices of metal ores, oil products and manufacturing of basic metals compared with the previous year's August. The rising of the prices was curbed above all by falls in the prices of electrical equipment.
From July to August, producer prices for manufactured products rose by 0.1 per cent. The rise was mainly due to increased prices of oil products from the previous month.
Producer Price Indices 2010=100, August 2017
Index | Monthly change, % | Annual change, % | |
Producer Price Index, total | 104.7 | 0.1 | 3.8 |
- Producer Price Index, domestic goods | 106.9 | 0.2 | 3.4 |
- Producer Price Index, export goods | 102.1 | 0.1 | 4.3 |
Export Price Index | 102.1 | 0.1 | 4.2 |
Import Price Index | 104.9 | 0.0 | 8.9 |
Basic Price Index for Domestic Supply | 108.2 | 0.2 | 4.8 |
Basic Price Index for Domestic Supply, incl. taxes | 111.6 | 0.2 | 4.5 |
Producer Price Indices 1949=100, August 2017
Index | Monthly change, % | Annual change, % | |
Production Price Index | 1931 | 0.1 | 3.8 |
Export Price Index | 1667 | 0.1 | 4.2 |
Import Price Index | 1566 | 0.0 | 8.9 |
Wholesale Price Index | 2245 | 0.2 | 4.5 |
Source: Producer Price Index 2017, August. Statistics Finland
Inquiries: Anni Huuskonen 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, August 2017 (25.9.2017)
- Appendix table 2. Producer Price Indices 1949=100, August 2017 (25.9.2017)
- Appendix table 3. Producer Price Index 2010=100 (NACE-TOL 2008), August 2017 (25.9.2017)
- Appendix table 4. Producer Price Index 2010=100 (MIG), August 2017 (25.9.2017)
- Appendix table 5. Export Price Index 2010=100 (NACE-TOL 2008), August 2017 (25.9.2017)
- Appendix table 6. Export Price Index 2010=100 (MIG), August 2017 (25.9.2017)
- Appendix table 7. Import Price Index 2010=100 (NACE-TOL 2008), August 2017 (25.9.2017)
- Appendix table 8. Import Price Index 2010=100 (MIG), August 2017 (25.9.2017)
- Appendix table 9. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), August 2017 (25.9.2017)
- Appendix table 10. Basic Price Index for Domestic Supply 2010=100 (MIG), August 2017 (25.9.2017)
- Appendix table 11. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), including taxes, August 2017 (25.9.2017)
- Appendix table 12. Basic Price Index for Domestic Supply 2010=100 (MIG), including taxes, August 2017 (25.9.2017)
- Appendix table 13. Production Price Index 1949=100 (SITC), August 2017 (25.9.2017)
- Appendix table 14. Production Price Index 1949=100 (ISIC), August 2017 (25.9.2017)
- Appendix table 15. Export Price Index 1949=100, August 2017 (25.9.2017)
- Appendix table 16. Import Price Index 1949=100, August 2017 (25.9.2017)
- Appendix table 17. Wholesale Price Index 1949=100, August 2017 (25.9.2017)
- Appendix table 18. Producer Price Index 2005=100, August 2017 (25.9.2017)
- Appendix table 19. Export Price Index 2005=100, August 2017 (25.9.2017)
- Appendix table 20. Import Price Index 2005=100, August 2017 (25.9.2017)
- Appendix table 21. Basic Price Index for Domestic Supply 2005=100, August 2017 (25.9.2017)
- Appendix table 22. Wholesale Price Index 2005=100, August 2017 (25.9.2017)
- Appendix table 23. Producer Price Indices for Services 2010=100, 2nd quarter 2017 (25.9.2017)
- Appendix table 24. Producer Price Index, international comparison (25.9.2017)
- Appendix table 25. Wood pellet, consumer price (25.9.2017)
- Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), August 2017 (25.9.2017)
- Quality descriptions
Updated 25.9.2017
Official Statistics of Finland (OSF):
Producer price indices [e-publication].
ISSN=1799-3695. August 2017. Helsinki: Statistics Finland [referred: 5.10.2024].
Access method: http://www.stat.fi/til/thi/2017/08/thi_2017_08_2017-09-25_tie_001_en.html