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Producer prices for manufactured products grew by 29.2 per cent in April 2022 year-on-year

release | Producer price indices 2022, April

Correction

The time series of producer price indices were corrected on 23 December 2022. The correction concerns some product categories and total indices of the producer price index for manufactured products and export price index from 01/2022-10/2022, as well as the total index of the basic price index for domestic supply, including taxes from 01/2021-10/2022. The data of the import price index and the basic price index for domestic supply remain unchanged.
Read more about the correction

According to Statistics Finland, producer prices for manufactured products rose by an average of 29.2 per cent from April 2021 to April 2022. Producer prices for manufactured products sold on the domestic market rose by 24.2 per cent, while the producer prices of export products went up by 34.3 per cent.

Key selections

  • Producer prices for manufactured products rose by an average of 29.2 per cent from April 2021 to April 2022. 
  • The rise in the producer prices for manufactured products was particularly caused by higher prices of oil products, basic metals, paper and paper products from last year's April.
  • The export price index rose by 34.1 per cent and the import price index by 31.2 per cent in the year.
  • The basic price index for domestic supply went up by 22.0 per cent. The basic price index for domestic supply including taxes rose by 18.7 per cent.

The rise in the producer prices for manufactured products was particularly caused by higher prices of oil products, basic metals, paper and paper products from last year's April.

The export price index rose by 34.1 per cent and the import price index by 31.2 per cent in the year. The basic price index for domestic supply went up by 22.0 per cent. The basic price index for domestic supply including taxes rose by 18.7 per cent.

The rise in the export price index was particularly due to higher prices of oil products, basic metals, paper and paper products from last year's April. The rise in the import price index was, in turn, especially attributable to increases in the prices of crude oil, chemicals and chemical products and basic metals.

From March to April, producer prices for manufactured goods went up by 2.5 per cent. Producer prices were particularly boosted by the risen prices of chemicals and chemical products and basic metals compared with the previous month. 

Tables

See key statistical data in the tables.

Producer price index for manufactured products 2015=100, 2022M04, Products by activity (CPA 2015, MIG)

Export price index 2015=100, 2022M04, Products by activity (CPA 2015, MIG)

Import price index 2015=100, 2022M04, Products by activity (CPA 2015, MIG)

Basic price index for domestic supply 2015=100, 2022M04, Products by activity (CPA 2015, MIG)

Basic price index for domestic supply, including taxes 2015=100, 2022M04, Products by activity (CPA 2015, MIG)

Producer price indices 1949=100, 2022M04, Industry (ISIC, SITC)

Basic price index for domestic supply E40 2000=100, 2022M04, (NACE-TOL 2002)

Wood pellet, consumer price 2015=100, 2022M2

Database tables

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Updated database tables
Classifications used:
  • Products by activity (CPA 2015, MIG)
  • Index series
Period:
month
Updated:
Classifications used:
  • Index series
  • Industry (NACE, MIG)
Period:
month
Updated:
Classifications used:
  • Index series
  • Industry (NACE, MIG)
Period:
month
Updated:
Classifications used:
  • Industry (ISIC, SITC)
  • Index series
Period:
month
Updated:

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Anna-Riikka Pitkänen
Senior Statistician
029 551 3466
Head of Department in charge