A more recent publication of this set of statistics is available.

Latest publication: Producer price indices 2019, May

Published: 24 November 2016

Producer prices for manufactured products fell by 0.3 per cent from October last year

According to Statistics Finland, producer prices for manufactured products fell by an average of 0.3 per cent from October 2015 to October 2016. The producer prices for manufactured products sold on the domestic market went down by 0.1 per cent, while the producer prices of export products fell by 0.7 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–10/2016

Producer Price Index (PPI) 2010=100, 1/2010–10/2016
The fall in the producer prices for manufactured products was particularly caused by reductions in the prices of pulp, electronic appliances and chemicals and chemical products from October 2015. The fall in producer prices was slowed down especially by higher prices of electricity and oil products.

The export price index fell by 0.7 per cent and the import price index went up by 0.5 per cent in the year. The Basic Price Index for Domestic Supply went up by 0.8 per cent. The Basic Price Index for Domestic Supply including taxes went up by 1.0 per cent.

Export prices were in particular depressed by the falling prices of electronic appliances and fabricated metal products from October 2015. The fall in prices was slowed down especially by higher prices of oil products. The rise in import prices was in turn especially caused by higher prices of oil products and electricity compared with the previous year's October. The rise in import prices was slowed down, in particular, by lower prices of food products.

From September to October, producer prices for manufactured products went up by 0.8 per cent. The rise was mainly due to increased prices of oil products from the previous month.

Producer Price Indices 2010=100, October 2016

  Index Monthly change, % Annual change, %
Producer Price Index, total 102.1 0.8 -0.3
- Producer Price Index, domestic goods 104.6 0.9 -0.1
- Producer Price Index, export goods 99.0 0.7 -0.7
Export Price Index 99.0 0.6 -0.7
Import Price Index 98.7 1.7 0.5
Basic Price Index for Domestic Supply 104.6 0.9 0.8
Basic Price Index for Domestic Supply, incl. taxes 108.0 0.9 1.0

Producer Price Indices 1949=100, October 2016

  Index Monthly change, % Annual change, %
Production Price Index 1882 0.8 -0.3
Export Price Index 1617 0.6 -0.7
Import Price Index 1473 1.7 0.5
Wholesale Price Index 2172 0.9 1.0

Source: Producer Price Index 2016, October. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Jenna Lackbergh 029 551 3578, Anna-Riikka Pitkänen 029 551 3466, thi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Updated 24.11.2016

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. October 2016. Helsinki: Statistics Finland [referred: 17.7.2019].
Access method: http://www.stat.fi/til/thi/2016/10/thi_2016_10_2016-11-24_tie_001_en.html