Home > Statistics > Producer price indices > 2017 > October > Producer prices for manufactured products grew by 3.6 per cent from October last year

Published: 24 November 2017

Producer prices for manufactured products grew by 3.6 per cent from October last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 3.6 per cent from October 2016 to October 2017. Producer prices for manufactured products sold on the domestic market rose by 2.7 per cent, while the producer prices of export products went up by 4.9 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–10/2017

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 October 2016. The rising of producer prices was curbed particularly by falls in the prices of electricity and paper and paperboard.

The Export Price Index rose by 4.9 per cent and the Import Price Index by 8.0 per cent in the year. The Basic Price Index for Domestic Supply went up by 4.4 per cent. The Basic Price Index for Domestic Supply including taxes went up by 4.2 per cent.

Export prices were, in particular, boosted by the higher prices of manufacturing of basic metals and chemicals and chemical products from October last year. 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 October. The rising of the prices was curbed above all by falls in the prices of electrical equipment.

From September to October, producer prices for manufactured products went up by 0.5 per cent. The rise was mainly due to increased prices of oil products from the previous month.

Producer Price Indices 2010=100, October 2017

	Index	Monthly change, %	Annual change, %
Producer Price Index, total	105.8	0.5	3.6
- Producer Price Index, domestic goods	107.5	0.2	2.7
- Producer Price Index, export goods	103.8	0.8	4.9
Export Price Index	103.9	0.8	4.9
Import Price Index	106.5	0.5	8.0
Basic Price Index for Domestic Supply	109.2	0.3	4.4
Basic Price Index for Domestic Supply, incl. taxes	112.5	0.3	4.2

Producer Price Indices 1949=100, October 2017

	Index	Monthly change, %	Annual change, %
Production Price Index	1951	0.5	3.6
Export Price Index	1696	0.8	4.9
Import Price Index	1590	0.5	8.0
Wholesale Price Index	2263	0.3	4.2

Source: Producer Price Index 2017, October. 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, October 2017 (24.11.2017)
• Appendix table 2. Producer Price Indices 1949=100, October 2017 (24.11.2017)
• Appendix table 3. Producer Price Index 2010=100 (NACE-TOL 2008), October 2017 (24.11.2017)
• Appendix table 4. Producer Price Index 2010=100 (MIG), October 2017 (24.11.2017)
• Appendix table 5. Export Price Index 2010=100 (NACE-TOL 2008), October 2017 (24.11.2017)
• Appendix table 6. Export Price Index 2010=100 (MIG), October 2017 (24.11.2017)
• Appendix table 7. Import Price Index 2010=100 (NACE-TOL 2008), October 2017 (24.11.2017)
• Appendix table 8. Import Price Index 2010=100 (MIG), October 2017 (24.11.2017)
• Appendix table 9. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), October 2017 (24.11.2017)
• Appendix table 10. Basic Price Index for Domestic Supply 2010=100 (MIG), October 2017 (24.11.2017)
• Appendix table 11. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), including taxes, October 2017 (24.11.2017)
• Appendix table 12. Basic Price Index for Domestic Supply 2010=100 (MIG), including taxes, October 2017 (24.11.2017)
• Appendix table 13. Production Price Index 1949=100 (SITC), October 2017 (24.11.2017)
• Appendix table 14. Production Price Index 1949=100 (ISIC), October 2017 (24.11.2017)
• Appendix table 15. Export Price Index 1949=100, October 2017 (24.11.2017)
• Appendix table 16. Import Price Index 1949=100, October 2017 (24.11.2017)
• Appendix table 17. Wholesale Price Index 1949=100, October 2017 (24.11.2017)
• Appendix table 18. Producer Price Index 2005=100, October 2017 (24.11.2017)
• Appendix table 19. Export Price Index 2005=100, October 2017 (24.11.2017)
• Appendix table 20. Import Price Index 2005=100, October 2017 (24.11.2017)
• Appendix table 21. Basic Price Index for Domestic Supply 2005=100, October 2017 (24.11.2017)
• Appendix table 22. Wholesale Price Index 2005=100, October 2017 (24.11.2017)
• Appendix table 23. Producer Price Indices for Services 2010=100, 3rd quarter 2017 (24.11.2017)
• Appendix table 24. Producer Price Index, international comparison (24.11.2017)
• Appendix table 25. Wood pellet, consumer price (24.11.2017)
• Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), October 2017 (24.11.2017)

Quality descriptions

• Quality Description of Producer Price Indices 2010=100 (24.11.2017)

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Updated 24.11.2017