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

Latest publication: Producer price indices 2019, September

Published: 26 August 2019

Producer prices for manufactured products fell by 0.8 per cent from July last year

According to Statistics Finland, producer prices for manufactured products fell by an average of 0.8 per cent from July 2018 to July 2019. The producer prices for manufactured products sold on the domestic market went up by 0.4 per cent, while the producer prices of export products fell by 2.0 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–7/2019

Producer Price Index (PPI) 2015=100, 1/2015–7/2019
Producer prices for manufactured products went down especially due to reductions in the prices of pulp, oil products and basic iron and steel from last year’s July.

The export price index fell by 2.0 per cent and the import price index by 2.0 per cent in the year. The Basic Price Index for Domestic Supply went up by 0.2 per cent. The Basic Price Index for Domestic Supply including taxes rose by 0.2 per cent.

Export prices were in particular depressed by the falling prices of pulp, basic metals and oil products from July 2018. The fall in import prices was, in turn, especially caused by lower prices of oil products, waste and basic metals.

From June to July, producer prices for manufactured products rose by 0.5 per cent. Producer prices increased particularly due to higher prices of electricity and oil products compared to the previous month.

Producer Price Indices 2015=100, July 2019

  Index Monthly change, % Annual change, %
Producer Price Index, total 105.9 0.5 -0.8
- Producer Price Index, domestic goods 105.8 1.3 0.4
- Producer Price Index, export goods 106.1 -0.3 -2.0
Export Price Index 105.9 -0.3 -2.0
Import Price Index 108.6 0.7 -2.0
Basic Price Index for Domestic Supply 107.8 0.7 0.2
Basic Price Index for Domestic Supply, incl. taxes 107.8 0.8 0.2

Producer Price Indices 1949=100, July 2019

  Index Monthly change, % Annual change, %
Production Price Index 2038 0.5 -0.8
Export Price Index 1758 -0.3 -2.0
Import Price Index 1665 0.7 -2.0
Wholesale Price Index 2385 0.8 0.2

Source: Producer Price Index 2019, July. Statistics Finland

Inquiries: Anna-Riikka Pitkänen 029 551 3466, Veli Kettunen 029 551 2693, Anniina Korhonen 029 551 3083, thi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Updated 26.8.2019

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. July 2019. Helsinki: Statistics Finland [referred: 18.11.2019].
Access method: http://www.stat.fi/til/thi/2019/07/thi_2019_07_2019-08-26_tie_001_en.html