Home > Statistics > Producer price indices > 2021 > October > Producer prices for manufactured products grew by 20.8 per cent from October last year

Published: 24 November 2021

Producer prices for manufactured products grew by 20.8 per cent from October last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 20.8 per cent from October 2020 to October 2021. Producer prices for manufactured products sold on the domestic market rose by 18.5 per cent, while the producer prices of export products went up by 23.4 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–10/2021

The rise in the producer prices for manufactured products was particularly caused by higher prices of oil products, basic metals and timber than in October of the previous year.

The export price index rose by 23.5 per cent and the import price index by 22.6 per cent in the year. The basic price index for domestic supply went up by 15.5 per cent. The basic price index for domestic supply including taxes rose by 13.3 per cent.

The rise in the export price index was especially caused by higher prices of basic metals, oil products and paper and paper products than in October of the previous year. The rise in the import price index was, in turn, especially caused by higher prices of crude oil, chemicals and chemical products as well as basic metals.

From September to October, producer prices for manufactured products went up by 1.2 per cent. Producer prices were particularly boosted by the risen prices of oil products, basic metals and paper and paper products compared with the previous month.

Producer Price Indices 2015=100, October 2021

	Index	Monthly change, %	Annual change, %
Producer Price Index, total	121.3	1.2	20.8
- Producer Price Index, domestic goods	120.3	0.6	18.5
- Producer Price Index, export goods	122.6	1.9	23.4
Export Price Index	122.4	1.9	23.5
Import Price Index	123.3	3.4	22.6
Basic Price Index for Domestic Supply	119.4	1.6	15.5
Basic Price Index for Domestic Supply, incl. taxes	117.6	1.0	13.3

Producer Price Indices 1949=100, October 2021

	Index	Monthly change, %	Annual change, %
Production Price Index	2335	1.2	20.8
Export Price Index	2031	1.9	23.5
Import Price Index	1891	3.4	22.6
Wholesale Price Index	2604	1.0	13.3

Source: Producer Price Index 2021, October. 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, October 2021 (24.11.2021)
• Appendix table 2. Producer Price Indices 1949=100, October 2021 (24.11.2021)
• Appendix table 3. Producer Price Index 2015=100 (CPA 2015), October 2021 (24.11.2021)
• Appendix table 4. Producer Price Index 2015=100 (MIG), October 2021 (24.11.2021)
• Appendix table 5. Export Price Index 2015=100 (CPA 2015), October 2021 (24.11.2021)
• Appendix table 6. Export Price Index 2015=100 (MIG), October 2021 (24.11.2021)
• Appendix table 7. Import Price Index 2015=100 (CPA 2015), October 2021 (24.11.2021)
• Appendix table 8. Import Price Index 2015=100 (MIG), October 2021 (24.11.2021)
• Appendix table 9. Basic Price Index for Domestic Supply 2015=100 (CPA 2015), October 2021 (24.11.2021)
• Appendix table 10. Basic Price Index for Domestic Supply 2015=100 (MIG), October 2021 (24.11.2021)
• Appendix table 11. Basic Price Index for Domestic Supply 2015=100 (CPA 2015), including taxes, October 2021 (24.11.2021)
• Appendix table 12. Basic Price Index for Domestic Supply 2015=100 (MIG), including taxes, October 2021 (24.11.2021)
• Appendix table 13. Production Price Index 1949=100 (SITC), October 2021 (24.11.2021)
• Appendix table 14. Production Price Index 1949=100 (ISIC), October 2021 (24.11.2021)
• Appendix table 15. Export Price Index 1949=100, October 2021 (24.11.2021)
• Appendix table 16. Import Price Index 1949=100, October 2021 (24.11.2021)
• Appendix table 17. Wholesale Price Index 1949=100, October 2021 (24.11.2021)
• Appendix table 18. Producer Price Index 2010=100, October 2021 (24.11.2021)
• Appendix table 19. Export Price Index 2010=100, October 2021 (24.11.2021)
• Appendix table 20. Import Price Index 2010=100, October 2021 (24.11.2021)
• Appendix table 21. Basic Price Index for Domestic Supply 2010=100, October 2021 (24.11.2021)
• Appendix table 22. Basic Price Index for Domestic Supply 2010=100, including taxes, October 2021 (24.11.2021)
• Appendix table 23. Producer Price Indices for Services 2015=100, BtoAll, 3rd quarter 2021 (24.11.2021)
• Appendix table 24. Producer Price Index, international comparison (24.11.2021)
• Appendix table 25. Wood pellet, consumer price (24.11.2021)
• Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), October 2021 (24.11.2021)

Quality descriptions

• Quality Description of Producer Price Indices 2015=100 (24.11.2021)

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Updated 24.11.2021