Producer prices for manufactured products rose by 1.8 per cent in January

According to Statistics Finland, producer prices for manufactured products rose by an average of 1.8 per cent from January 2011 to January 2012. Producer prices for manufactured products sold on the domestic market rose by 2.6 per cent, while the producer prices of export goods went up by 0.9 per cent.

Producer Price Index (PPI) 2010=100, 2010:01–2012:01

The export price index rose by 0.9 per cent and the import price index by 4.9 per cent in the year. The basic price index for domestic supply went up by 4.0 per cent and the year-on-year change in the basic price index for domestic supply, including taxes was 4.2 per cent.

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

From December to January, producer prices for manufactured products went up by 1.0 per cent. The rising was mainly due to higher prices of oil products.

Producer Price Indices 2010=100

	Index 2012:01	2011:12 - 2012:01, %	2011:01 - 2012:01, %
Producer Price Index, total	105.9	1.0	1.8
- Producer Price Index, domestic goods	107.1	1.2	2.6
- Producer Price Index, export goods	104.5	0.7	0.9
Export Price Index	104.7	0.7	0.9
Import Price Index	110.9	1.5	4.9
Basic Price Index for Domestic Supply	108.0	1.0	4.0
Basic Price Index for Domestic Supply, incl. taxes	109.5	1.3	4.2

Producer Price Indices 1949=100

	Index 2012:01	2011:12 - 2012:01, %	2011:01 - 2012:01, %
Production Price Index	1953	1.0	2.2
Export Price Index (fob)	1709	0.7	1.0
Import Price Index (cif)	1655	1.3	4.7
Wholesale Price Index	2202	1.2	3.9

Producer price indices have been revised

Producer price indices have been revised and their base years changed to 2010. In connection with the revision, the weight structures of the statistics have been brought in line with the values of production, imports and exports for the year 2010. In addition, the commodity and enterprise samples have been updated.

All publishable point figures calculated with the new base year are available in Statistics Finland’s StatFin database. Calculation and publishing of data with base years 1949=100 and 2005=100 will continue.

Basic price index for domestic supply, including taxes has replaced the Wholesale price index

Basic price index for domestic supply, including taxes has replaced the Wholesale price index in base year 2010=100 statistics. The Basic price index for domestic supply, including taxes corresponds with the previous Wholesale price index except that it now also extends to construction, activity category F. The desire in this revision to base year 2010=100 was to change the name “Wholesale price index” to a more descriptive name for these statistics. The scope of description of the statistics is the same as in the Basic price index for domestic supply, but inclusive of commodity and value added taxes. The point figures of the Wholesale price indices calculated with the old base years will in future be chained by utilising the Basic price index for domestic supply, including taxes.

Produce price indices will be released on the 24th of the month

The date on which Producer price indices are released was changed in connection with this periodic revision. From now on, the statistics will be released on the 24th day of the month or on the first weekday following it. The data for November will be released on the last weekday preceding 24 December.

Source: Producer Price Index 2012, January. Statistics Finland

Inquiries: Anna-Riikka Pitkänen 09 1734 3466, Mervi Nyfors 09 1734 3480, Merja Pokela 09 1734 3283, Toni Udd 09 1734 3380, thi.tilastokeskus@stat.fi

Director in charge: Kari Molnar

Publication in pdf-format (19 pages 385.8 kB)

Tables

Tables in databases

Producer Price Indices

Appendix tables

Appendix table 1. Producer Price Indices 2010=100, index numbers and year-on-year changes (24.2.2012)
Appendix table 2. Producer Price Indices 1949=100 (24.2.2012)
Appendix table 3. Producer Price Index 2010=100 (NACE-TOL 2008) (24.2.2012)
Appendix table 4. Producer Price Index 2010=100 (MIG) (24.2.2012)
Appendix table 5. Export Price Index 2010=100 (NACE-TOL 2008) (24.2.2012)
Appendix table 6. Export Price Index 2010=100 (MIG) (24.2.2012)
Appendix table 7. Import Price Index 2010=100 (NACE-TOL 2008) (24.2.2012)
Appendix table 8. Import Price Index 2010=100 (MIG) (24.2.2012)
Appendix table 9. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008) (24.2.2012)
Appendix table 10. Basic Price Index for Domestic Supply 2010=100 (MIG) (24.2.2012)
Appendix table 11. Basic Price Index for Domestic Supply 2010=100, including taxes (NACE-TOL 2008) (24.2.2012)
Appendix table 12. Basic Price Index for Domestic Supply 2010=100, including taxes (MIG) (24.2.2012)
Appendix table 13. Production Price Index 1949=100 (SITC) (24.2.2012)
Appendix table 14. Production Price Index 1949=100 (ISIC) (24.2.2012)
Appendix table 15. Export Price Index (FOB) 1949=100 (SITC) (24.2.2012)
Appendix table 16. Import Price Index (CIF) 1949=100 (SITC) (24.2.2012)
Appendix table 17. Wholesale Price Index 1949=100 (SITC) (24.2.2012)
Appendix table 18. Producer Price Index 2005=100 (NACE-TOL 2008) (24.2.2012)
Appendix table 19. Export Price Index 2005=100 (NACE-TOL 2008) (24.2.2012)
Appendix table 20. Import Price Index 2005=100 (NACE-TOL 2008) (24.2.2012)
Appendix table 21. Basic Price Index for Domestic Supply 2005=100 (NACE-TOL 2008) (24.2.2012)
Appendix table 22. Wholesale Price Index 2005=100 (NACE-TOL 2008) (24.2.2012)
Appendix table 23. Producer Price Indices for services 2005=100 (TOL 2008), 4th quarter 2011 (24.2.2012)
Appendix table 24. Producer Price Index, international comparison (24.2.2012)
Appendix table 25. Wood pellet, consumer price (24.2.2012)

Quality descriptions

Quality Description of Producer Price Indices 2010=100 (24.2.2012)

Updated 24.2.2012

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. January 2012. Helsinki: Statistics Finland [referred: 19.6.2013].
Access method: http://www.stat.fi/til/thi/2012/01/thi_2012_01_2012-02-24_tie_001_en.html.

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