Published: 24 September 2021
Producer prices for manufactured products grew by 15.5 per cent from August last year
According to Statistics Finland, producer prices for manufactured products rose by an average of 15.5 per cent from August 2020 to August 2021. Producer prices for manufactured products sold on the domestic market rose by 14.1 per cent, while the producer prices of export products went up by 17.1 per cent.
Producer Price Index (PPI) 2015=100, 1/2015–8/2021
The rise in the producer prices for manufactured products was particularly caused by higher prices of basic metals, oil products and timber from last year's August.
The export price index rose by 17.3 per cent and the import price index by 15.7 per cent in the year. The basic price index for domestic supply went up by 11.4 per cent. The basic price index for domestic supply including taxes rose by 9.8 per cent.
The rise in the export price index was especially due to higher prices of basic metals, oil products and timber from last year’s August. The rise in the import price index was, in turn, especially caused by increased prices of crude oil, chemicals and chemical products and basic metals.
From July to August, producer prices for manufactured products rose by 1.4 per cent. Producer prices were particularly boosted by risen prices of timber and basic metals compared with the previous month.
Producer Price Indices 2015=100, August 2021
Index | Monthly change, % | Annual change, % | |
Producer Price Index, total | 117.2 | 1.4 | 15.5 |
- Producer Price Index, domestic goods | 117.0 | 1.4 | 14.1 |
- Producer Price Index, export goods | 117.4 | 1.4 | 17.1 |
Export Price Index | 117.3 | 1.4 | 17.3 |
Import Price Index | 117.1 | 0.5 | 15.7 |
Basic Price Index for Domestic Supply | 115.8 | 1.1 | 11.4 |
Basic Price Index for Domestic Supply, incl. taxes | 114.9 | 1.0 | 9.8 |
Producer Price Indices 1949=100, August 2021
Index | Monthly change, % | Annual change, % | |
Production Price Index | 2254 | 1.4 | 15.5 |
Export Price Index | 1946 | 1.4 | 17.3 |
Import Price Index | 1796 | 0.5 | 15.7 |
Wholesale Price Index | 2543 | 1.0 | 9.9 |
Source: Producer Price Index 2021, August. Statistics Finland
Inquiries: Anna-Riikka Pitkänen 029 551 3466, Ville Auno 029 551 3023, thi.tilastokeskus@stat.fi
Head of Department in charge: Katri Kaaja
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Appendix tables
- Appendix table 1. Producer Price Indices 2015=100, index numbers and year-on-year changes, August 2021 (24.9.2021)
- Appendix table 2. Producer Price Indices 1949=100, August 2021 (24.9.2021)
- Appendix table 3. Producer Price Index 2015=100 (CPA 2015), August 2021 (24.9.2021)
- Appendix table 4. Producer Price Index 2015=100 (MIG), August 2021 (24.9.2021)
- Appendix table 5. Export Price Index 2015=100 (CPA 2015), August 2021 (24.9.2021)
- Appendix table 6. Export Price Index 2015=100 (MIG), August 2021 (24.9.2021)
- Appendix table 7. Import Price Index 2015=100 (CPA 2015), August 2021 (24.9.2021)
- Appendix table 8. Import Price Index 2015=100 (MIG), August 2021 (24.9.2021)
- Appendix table 9. Basic Price Index for Domestic Supply 2015=100 (CPA 2015), August 2021 (24.9.2021)
- Appendix table 10. Basic Price Index for Domestic Supply 2015=100 (MIG), August 2021 (24.9.2021)
- Appendix table 11. Basic Price Index for Domestic Supply 2015=100 (CPA 2015), including taxes, August 2021 (24.9.2021)
- Appendix table 12. Basic Price Index for Domestic Supply 2015=100 (MIG), including taxes, August 2021 (24.9.2021)
- Appendix table 13. Production Price Index 1949=100 (SITC), August 2021 (24.9.2021)
- Appendix table 14. Production Price Index 1949=100 (ISIC), August 2021 (24.9.2021)
- Appendix table 15. Export Price Index 1949=100, August 2021 (24.9.2021)
- Appendix table 16. Import Price Index 1949=100, August 2021 (24.9.2021)
- Appendix table 17. Wholesale Price Index 1949=100, August 2021 (24.9.2021)
- Appendix table 18. Producer Price Index 2010=100, August 2021 (24.9.2021)
- Appendix table 19. Export Price Index 2010=100, August 2021 (24.9.2021)
- Appendix table 20. Import Price Index 2010=100, August 2021 (24.9.2021)
- Appendix table 21. Basic Price Index for Domestic Supply 2010=100, August 2021 (24.9.2021)
- Appendix table 22. Basic Price Index for Domestic Supply 2010=100, including taxes, August 2021 (24.9.2021)
- Appendix table 23. Producer Price Indices for Services 2015=100, BtoAll, 2nd quarter 2021 (24.9.2021)
- Appendix table 24. Producer Price Index, international comparison (24.9.2021)
- Appendix table 25. Wood pellet, consumer price (24.9.2021)
- Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), August 2021 (24.9.2021)
- Quality descriptions
Updated 24.09.2021
Official Statistics of Finland (OSF):
Producer price indices [e-publication].
ISSN=1799-3695. August 2021. Helsinki: Statistics Finland [referred: 2.11.2024].
Access method: http://www.stat.fi/til/thi/2021/08/thi_2021_08_2021-09-24_tie_001_en.html