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

Latest publication: Producer price indices 2019, November

Published: 24 February 2016

Producer prices for manufactured products fell by 2.3 per cent from January last year

According to Statistics Finland, producer prices for manufactured products fell by an average of 2.3 per cent from January 2015 to January 2016. The producer prices for manufactured products sold on the domestic market went down by 2.0 per cent, while the producer prices of export products fell by 2.8 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–1/2016

Producer Price Index (PPI) 2010=100, 1/2010–1/2016
The fall in the producer prices for manufactured products was particularly caused by reductions in the prices of oil products, manufacturing of basic metals and chemicals and chemical products from January 2015. The fall in producer prices was slowed down especially by higher prices of paper and paper board products and electricity.

The export price index fell by 2.8 per cent and the import price index by 5.7 per cent in the year. The Basic Price Index for Domestic Supply went down by 2.6 per cent. The Basic Price Index for Domestic Supply including taxes fell by 1.9 per cent.

Export prices were in particular depressed by the falling prices of manufacturing of basic metals and oil products from January 2015. The fall in prices was slowed down especially by higher prices of paper and paper board products. The fall in import prices was in turn especially caused by lower prices of oil products and manufacturing of basic metals compared with the previous year's January. The fall in prices was slowed down, in particular, by higher prices of electricity.

From December to January, producer prices for manufactured products fell by 0.6 per cent. The drop was mainly due to lower prices of oil products from the previous month.

Producer Price Indices 2010=100, January 2016

  Index Monthly change, % Annual change, %
Producer Price Index, total 100.5 -0.6 -2.3
- Producer Price Index, domestic goods 103.1 -0.3 -2.0
- Producer Price Index, export goods 97.3 -1.0 -2.8
Export Price Index 97.4 -1.0 -2.8
Import Price Index 93.9 -1.6 -5.7
Basic Price Index for Domestic Supply 101.9 -0.4 -2.6
Basic Price Index for Domestic Supply, incl. taxes 105.5 -0.2 -1.9

Producer Price Indices 1949=100, January 2016

  Index Monthly change, % Annual change, %
Production Price Index 1853 -0.6 -2.3
Export Price Index 1590 -1.0 -2.8
Import Price Index 1401 -1.6 -5.7
Wholesale Price Index 2122 -0.2 -1.9

Source: Producer Price Index 2016, January. Statistics Finland

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

Director in charge: Ville Vertanen

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Updated 24.2.2016

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. January 2016. Helsinki: Statistics Finland [referred: 20.1.2020].
Access method: http://www.stat.fi/til/thi/2016/01/thi_2016_01_2016-02-24_tie_001_en.html