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Published: 17 November 2011

Producer prices for manufactured products rose by 3.7 per cent in the year

According to Statistics Finland, producer prices for manufactured products rose by an average of 3.7 per cent from October 2010 to October 2011. Producer prices for manufactured products sold on the domestic market rose by 4.9 per cent, while the producer prices of export industries went up by 2.3 per cent.

Producer Price Index (PPI) 2005=100, 2005:01–2011:10

Producer Price Index (PPI) 2005=100, 2005:01–2011:10
The export price index rose by 2.4 per cent and the import price index by 7.1 per cent in the year. The basic price index for domestic supply went up by 5.4 per cent and the year-on-year change in the wholesale price index was 6.6 per cent.

The rise in the producer prices for manufactured products was particularly caused by risen prices of oil products, chemicals and food from October of the previous year. The rising of the prices was curbed above all by falls in the prices of metals.

From September to October, producer prices for manufactured products went down by 0.5 per cent. The fall was mainly due to lower prices of metals.

Producer Price Indices 2005=100

  Index 2011:10 2011:09 - 2011:10, % 2010:10 - 2011:10, %
Producer Price Index, total 114.1 -0.5 3.7
- Producer Price Index, domestic goods 126.4 -0.1 4.9
- Producer Price Index, export goods 101.9 -0.9 2.3
Export Price Index 102.2 -0.9 2.4
Import Price Index 118.4 -0.6 7.1
Basic Price Index for Domestic Supply 122.2 -0.4 5.4
Wholesale Price Index 122.8 -0.4 6.6

Producer Price Indices 1949=100

  Index 2011:10 2011:09 - 2011:10, % 2010:10 - 2011:10, %
Production Price Index 1941 -0.5 3.7
Export Price Index (fob) 1698 -0.9 2.4
Import Price Index (cif) 1618 -0.6 7.1
Wholesale Price Index 2172 -0.4 6.6

Source: Producer Price Index 2011, October. Statistics Finland

Inquiries: Toni Udd (09) 1734 3380, Anna-Riikka Pitkänen (09) 1734 3466, Marja Ikonen (09) 1734 3480, Merja Pokela (09) 1734 3283, thi.tilastokeskus@stat.fi

Director in charge: Kari Molnar

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Updated 17.11.2011

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. October 2011. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/thi/2011/10/thi_2011_10_2011-11-17_tie_001_en.html