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

Latest publication: Producer price indices 2019, October

Published: 26 January 2015

Producer prices for manufactured products fell by 1.8 per cent from December last year

According to Statistics Finland, producer prices for manufactured products fell by an average of 1.8 per cent from December 2013 to December 2014. The producer prices for manufactured products sold on the domestic market went down by 1.9 per cent, while the producer prices of export products fell by 1.7 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–12/2014

Producer Price Index (PPI) 2010=100, 1/2010–12/2014
Producer prices for manufactured products went down especially due to reductions in the prices of oil products, electricity, and iron and steel from last year's December. The fall in producer prices was slowed down, in particular, by higher prices of manufacturing of basic metals.

The export price index fell by 1.8 per cent and the import price index by 5.1 per cent in the year. The Basic Price Index for Domestic Supply went down by 2.7 per cent. The Basic Price Index for Domestic Supply including taxes fell by 2.5 per cent.

Export prices were, in particular, depressed by the falling prices of oil products and iron and steel from December 2013. The fall in the prices was particularly curbed by risen prices of basic precious metals and other non-ferrous metals. The fall in import prices was, in turn, especially caused by lower prices of oil products, chemicals and chemical products from last year's December. The fall in prices was slowed down, in particular, by higher prices of basic precious metals and other non-ferrous metals.

From November to December, producer prices for manufactured products fell by 1.4 per cent. The fall was mainly due to decreased prices of oil products from the previous month.

Producer Price Indices 2010=100, December 2014

  Index Monthly change, % Annual change, %
Producer Price Index, total 103.8 -1.4 -1.8
- Producer Price Index, domestic goods 106.5 -1.2 -1.9
- Producer Price Index, export goods 100.6 -1.7 -1.7
Export Price Index 100.7 -1.6 -1.8
Import Price Index 101.7 -2.8 -5.1
Basic Price Index for Domestic Supply 105.9 -1.4 -2.7
Basic Price Index for Domestic Supply, incl. taxes 108.6 -1.3 -2.5

Producer Price Indices 1949=100, December 2014

  Index Monthly change, % Annual change, %
Production Price Index 1914 -1.4 -1.8
Export Price Index 1643 -1.6 -1.8
Import Price Index 1517 -2.8 -5.1
Wholesale Price Index 2184 -1.3 -2.5

Source: Producer Price Index 2014, December. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Mervi Nyfors 029 551 3480, Olavi Savolainen 029 551 3303, Anna-Riikka Pitkänen 029 551 3466, thi.tilastokeskus@stat.fi

Director in charge: Leena Storgårds

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Updated 26.1.2015

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. December 2014. Helsinki: Statistics Finland [referred: 6.12.2019].
Access method: http://www.stat.fi/til/thi/2014/12/thi_2014_12_2015-01-26_tie_001_en.html