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Latest publication: Producer price indices 2019, February

Published: 24 January 2019

Producer prices for manufactured products grew by 3.8 per cent from December last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 3.8 per cent from December 2017 to December 2018. Producer prices for manufactured products sold on the domestic market rose by 4.2 per cent, while the producer prices of export products went up by 3.4 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–12/2018

Producer Price Index (PPI) 2015=100, 1/2015–12/2018
The increase in the producer prices for manufactured goods was particularly attributable to risen prices of pulp, paper, paperboard and cardboard, and electricity and chemicals and chemical products from December 2017.

The Export Price Index rose by 3.4 per cent and the Import Price Index by 1.5 per cent in the year. The Basic Price Index for Domestic Supply went up by 3.4 per cent. The Basic Price Index for Domestic Supply including Taxes went up by 3.4 per cent.

Export prices were, in particular, boosted by the higher prices of pulp, paper, paperboard and cardboard, and chemicals and chemical products from December last year. The rise in import prices was, in turn, especially caused by higher prices of electricity, and chemicals and chemical products from last year's December.

From November to December, producer prices for manufactured products fell by 0.7 per cent. The fall was mainly due to decreased prices of oil products from the previous month.

Producer Price Indices 2015=100, December 2018

  Index Monthly change, % Annual change, %
Producer Price Index, total 106.1 -0.7 3.8
- Producer Price Index, domestic goods 105.9 -0.3 4.2
- Producer Price Index, export goods 106.5 -1.2 3.4
Export Price Index 106.2 -1.1 3.4
Import Price Index 107.3 -1.5 1.5
Basic Price Index for Domestic Supply 107.1 -0.6 3.4
Basic Price Index for Domestic Supply, incl. taxes 107.1 -0.5 3.4

Producer Price Indices 1949=100, December 2018

  Index Monthly change, % Annual change, %
Production Price Index 2042 -0.7 3.8
Export Price Index 1763 -1.2 3.4
Import Price Index 1645 -1.5 1.5
Wholesale Price Index 2370 -0.5 3.4

Source: Producer Price Index 2018, December. Statistics Finland

Inquiries: Anna-Riikka Pitkänen 029 551 3466, Veli Kettunen 029 551 2693, thi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Updated 24.1.2019

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. December 2018. Helsinki: Statistics Finland [referred: 24.4.2019].
Access method: http://www.stat.fi/til/thi/2018/12/thi_2018_12_2019-01-24_tie_001_en.html