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

Latest publication: Producer price indices 2017, September

Published: 26 June 2017

Producer prices for manufactured products grew by 4.1 per cent from May last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 4.1 per cent from May 2016 to May 2017. Producer prices for manufactured products sold on the domestic market rose by 3.7 per cent, while the producer prices of export products went up by 4.6 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–5/2017

Producer Price Index (PPI) 2010=100, 1/2010–5/2017
The rise in the producer prices for manufactured products was particularly caused by increased prices of manufacturing of basic metals, chemicals and chemical products, as well as oil products from May 2016. The rising of the prices was curbed particularly by falls in the prices of paper and paper products, and electronic appliances.

The Export Price Index rose by 4.6 per cent and the Import Price Index by 9.7 per cent in the year. The Basic Price Index for Domestic Supply went up by 5.2 per cent. The Basic Price Index for Domestic Supply including taxes went up by 4.9 per cent.

Export prices were, in particular, boosted by the higher prices of manufacturing of basic metals and chemicals and chemical products from May 2016. The rise in prices was curbed especially by lower prices of paper and paper board products. The rise in import prices was, in turn, especially caused by higher prices of metal ores, oil products and manufacturing of basic metals compared with the previous year's May. The rising of the prices was curbed particularly by falls in the prices of chemical products.

From April to May, producer prices for manufactured products fell by 0.3 per cent. The fall was mainly due to decreased prices of oil products from the previous month.

Producer Price Indices 2010=100, May 2017

  Index Monthly change, % Annual change, %
Producer Price Index, total 104.9 -0.3 4.1
- Producer Price Index, domestic goods 106.9 -0.1 3.7
- Producer Price Index, export goods 102.4 -0.5 4.6
Export Price Index 102.5 -0.5 4.6
Import Price Index 105.2 -1.4 9.7
Basic Price Index for Domestic Supply 108.1 -0.5 5.2
Basic Price Index for Domestic Supply, incl. taxes 111.4 -0.4 4.9

Producer Price Indices 1949=100, May 2017

  Index Monthly change, % Annual change, %
Production Price Index 1934 -0.3 4.1
Export Price Index 1673 -0.5 4.6
Import Price Index 1570 -1.4 9.7
Wholesale Price Index 2241 -0.4 4.9

Source: Producer Price Index 2017, May. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Antti Kytönen 029 551 3475, Anna-Riikka Pitkänen 029 551 3466, Mikael Mäkimattila 029 551 3021, thi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Updated 26.6.2017

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. May 2017. Helsinki: Statistics Finland [referred: 23.11.2017].
Access method: http://www.stat.fi/til/thi/2017/05/thi_2017_05_2017-06-26_tie_001_en.html

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