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Published: 24 July 2014

Producer prices for services went up by 1.1 per cent in April-June

According to Statistics Finland, producer prices for services went up by 1.1 per cent in the second quarter of 2014 from the corresponding quarter of the year before.

Producer Price Indices for Services 2010=100, Q1/2010–Q2/2014

Producer Price Indices for Services 2010=100, Q1/2010–Q2/2014

Producer prices for services were pushed up particularly by higher prices of software and related services and postal activities under universal service obligation during the year. The increase in the total index was also affected by higher prices of renting and leasing of construction and civil engineering machinery and higher rents for office and business premises. The rise was held back by, among other things, lower prices of management consulting services, cargo handling and sea and coastal freight water transport.

From first to second quarter producer prices for services went up by 0.1 percent.

Producer Price Indices for Services 2010=100, 2nd quarter 2014

Industry Point figure Quarterly change,% Yearly change,%
Total index (TOL 2008) 106.9 0.1 1.1
H Transportation and storage 106.8 -0.3 1.1
I Accommodation and food service activities 110.9 -0.5 0.9
J Information and communication 104.6 0.8 1.5
L Real estate activities 110.1 -0.1 1.1
M Professional, scientific and technical activities 104.2 0.2 0.0
N Administrative and support service activities 113.4 -0.1 2.3
P Education 111.6 0.0 5.1
Q Human health and social work activities 113.3 0.1 2.5
R Arts, entertainment and recreation 114.1 0.3 4.1
S Other service activities 111.6 0.7 2.9

Producer Price Indices for Services describe the price development in business services provided by enterprises to other enterprises and the public sector. The total index currently covers 57 per cent of the market services.


Source: Producer Price Indices for Services 2014, 2nd quarter. Statistics Finland

Inquiries: Susanna Tåg 029 551 2991, Satu Sitkiä-Vikholm 029 551 3424, Toni Udd 029 551 3380, pthi.tilastokeskus@stat.fi

Director in charge: Leena Storgårds

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Updated 24.7.2014

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 2nd quarter 2014. Helsinki: Statistics Finland [referred: 16.4.2024].
Access method: http://www.stat.fi/til/pthi/2014/02/pthi_2014_02_2014-07-24_tie_001_en.html