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Published: 24 May 2018

Producer prices for manufactured products grew by 3.3 per cent from April last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 3.3 per cent from April 2017 to April 2018. Producer prices for manufactured products sold on the domestic market rose by 2.5 per cent, while the producer prices of export products went up by 4.2 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–4/2018

Producer Price Index (PPI) 2015=100, 1/2015–4/2018
The increase in the producer prices for manufactured goods was particularly attributable to risen prices of pulp, paper, paperboard and cardboard, oil products and chemicals and chemical products from April 2017. The rising of producer prices was curbed above all by falls in the prices of waste and food.

The Export Price Index rose by 4.0 per cent and the Import Price Index by 3.5 per cent in the year. The Basic Price Index for Domestic Supply went up by 3.1 per cent. The Basic Price Index for Domestic Supply including Taxes rose by 3.0 per cent.

Export prices were, in particular, boosted by the higher prices of pulp, paper, paperboard and cardboard, and chemicals and chemical products from April last year. The rising of the prices was curbed among other things by falls in the prices of waste. The rise in import prices was, in turn, especially caused by higher prices of oil products and waste compared with last year's April. The rising of the prices was curbed above all by falls in the prices of electronic appliances.

From March to April, producer prices for manufactured goods went up by 0.4 per cent. The rise was mainly due to increased prices of oil products from the previous month.

Producer Price Indices 2015=100, April 2018

  Index Monthly change, % Annual change, %
Producer Price Index, total 104.3 0.4 3.3
- Producer Price Index, domestic goods 103.0 -0.1 2.5
- Producer Price Index, export goods 105.9 0.9 4.2
Export Price Index 105.7 0.9 4.0
Import Price Index 108.0 1.2 3.5
Basic Price Index for Domestic Supply 105.4 0.5 3.1
Basic Price Index for Domestic Supply, incl. taxes 105.2 0.4 3.0

Producer Price Indices 1949=100, April 2018

  Index Monthly change, % Annual change, %
Production Price Index 2008 0.4 3.6
Export Price Index 1754 0.9 4.3
Import Price Index 1656 1.2 4.0
Wholesale Price Index 2329 0.4 3.5

Source: Producer Price Index 2018, April. 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 24.05.2018

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. April 2018. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/thi/2018/04/thi_2018_04_2018-05-24_tie_001_en.html