Home > Statistics > Producer price indices > 2021 > December > Producer prices for manufactured products grew by 23.3 per cent from December last year

Published: 24 January 2022

Producer prices for manufactured products grew by 23.3 per cent from December last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 23.3 per cent from December 2020 to December 2021. Producer prices for manufactured products sold on the domestic market rose by 24 per cent, while the producer prices of export products went up by 22.5 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–12/2021

The rise in the producer prices for manufactured products was particularly caused by higher prices of electricity, basic metals and oil products from the previous year's December.

The export price index rose by 22.4 per cent and the import price index by 25.4 per cent in the year. The basic price index for domestic supply went up by 18.6 per cent. The basic price index for domestic supply including taxes rose by 16.6 per cent.

The rise in the export price index was especially due to higher prices of basic metals, oil products, and paper and paper products from the previous year’s December. The rise in the import price index was especially caused by higher prices of crude oil, chemicals and chemical products, and electricity.

From November to December, producer prices for manufactured products rose by 2.9 per cent. Producer prices were particularly boosted by the risen prices of electricity and chemicals and chemical products compared with the previous month.

Producer Price Indices 2015=100, December 2021

	Index	Monthly change, %	Annual change, %
Producer Price Index, total	126.0	2.9	23.3
- Producer Price Index, domestic goods	127.8	4.5	24.0
- Producer Price Index, export goods	124.1	1.0	22.5
Export Price Index	123.8	1.0	22.4
Import Price Index	128.2	1.7	25.4
Basic Price Index for Domestic Supply	124.3	2.5	18.6
Basic Price Index for Domestic Supply, incl. taxes	122.8	3.0	16.6

Producer Price Indices 1949=100, December 2021

	Index	Monthly change, %	Annual change, %
Production Price Index	2424	2.9	23.3
Export Price Index	2054	1.0	22.4
Import Price Index	1965	1.7	25.3
Wholesale Price Index	2719	3.0	16.6

Source: Producer Price Index 2021, December. 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

Publication in pdf-format (401.0 kB)

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Appendix tables

• Appendix table 1. Producer Price Indices 2015=100, index numbers and year-on-year changes, December 2021 (24.1.2022)
• Appendix table 2. Producer Price Indices 1949=100, December 2021 (24.1.2022)
• Appendix table 3. Producer Price Index 2015=100 (CPA 2015), December 2021 (24.1.2022)
• Appendix table 4. Producer Price Index 2015=100 (MIG), December 2021 (24.1.2022)
• Appendix table 5. Export Price Index 2015=100 (CPA 2015), December 2021 (24.1.2022)
• Appendix table 6. Export Price Index 2015=100 (MIG), December 2021 (24.1.2022)
• Appendix table 7. Import Price Index 2015=100 (CPA 2015), December 2021 (24.1.2022)
• Appendix table 8. Import Price Index 2015=100 (MIG), December 2021 (24.1.2022)
• Appendix table 9. Basic Price Index for Domestic Supply 2015=100 (CPA 2015), December 2021 (24.1.2022)
• Appendix table 10. Basic Price Index for Domestic Supply 2015=100 (MIG), December 2021 (24.1.2022)
• Appendix table 11. Basic Price Index for Domestic Supply 2015=100 (CPA 2015), including taxes, December 2021 (24.1.2022)
• Appendix table 12. Basic Price Index for Domestic Supply 2015=100 (MIG), including taxes, December 2021 (24.1.2022)
• Appendix table 13. Production Price Index 1949=100 (SITC), December 2021 (24.1.2022)
• Appendix table 14. Production Price Index 1949=100 (ISIC), December 2021 (24.1.2022)
• Appendix table 15. Export Price Index 1949=100, December 2021 (24.1.2022)
• Appendix table 16. Import Price Index 1949=100, December 2021 (24.1.2022)
• Appendix table 17. Wholesale Price Index 1949=100, December 2021 (24.1.2022)
• Appendix table 18. Producer Price Index 2010=100, December 2021 (24.1.2022)
• Appendix table 19. Export Price Index 2010=100, December 2021 (24.1.2022)
• Appendix table 20. Import Price Index 2010=100, December 2021 (24.1.2022)
• Appendix table 21. Basic Price Index for Domestic Supply 2010=100, December 2021 (24.1.2022)
• Appendix table 22. Basic Price Index for Domestic Supply 2010=100, including taxes, December 2021 (24.1.2022)
• Appendix table 23. Producer Price Indices for Services 2015=100, BtoAll, 4th quarter 2021 (24.1.2022)
• Appendix table 24. Producer Price Index, international comparison (24.1.2022)
• Appendix table 25. Wood pellet, consumer price (24.1.2022)
• Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), December 2021 (24.1.2022)

Quality descriptions

• Quality Description of Producer Price Indices 2015=100 (24.1.2022)

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Updated 24.01.2022