Published: 18 July 2011
According to Statistics Finland, producer prices for services went up by 2.1 per cent in the second quarter of 2011 from the corresponding quarter of the year before.
Producer price index for services 2005=100 (TOL 2008), Q1/2005–Q2/2011
The rise in producer prices for services was mostly due to higher prices of goods transport by road and increases in the rents of office and business premises compared to the year before. The rise in prices was curbed most by decreases in the prices of telecommunications.
From first to second quarter producer prices for services went up by 0.6 per cent. This was mainly due to higher prices of goods transport by road.
Producer price index for services 2005=100 (TOL 2008), 2nd quarter 2011
|Industry||Point figure||Quarterly change,%||Yearly change,%|
|Total index (TOL 2008)||116.5||0.6||2.1|
|H Transportation and storage||122.0||1.5||4.5|
|I Accommodation and food service activities||107.5||-1.3||2.3|
|J Information and communication||101.2||-0.1||-0.3|
|L Real estate activities||116.7||0.0||3.0|
|M Professional, scientific and technical activities||123.5||0.6||0.7|
|N Administrative and support service activities||119.1||0.7||3.7|
|S Other service activities||102.4||0.4||1.9|
Producer price indices for services describe the price development in business services provided by enterprises to other enterprises and the public sector. The total index currently covers about half of the market services.
Source: Producer Price Index for Services 2011, 2nd quarter. Statistics Finland
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