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Latest publication: Producer price indices 2018, December

Published: 26 November 2018

Producer prices for manufactured products grew by 5.8 per cent from October last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 5.8 per cent from October 2017 to October 2018. Producer prices for manufactured products sold on the domestic market rose by 5.0 per cent, while the producer prices of export products went up by 6.6 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–10/2018

Producer Price Index (PPI) 2015=100, 1/2015–10/2018
The increase in the producer prices for manufactured goods was particularly attributable to risen prices of oil products, pulp, paper, paperboard and cardboard, and electricity from October 2017.

The Export Price Index rose by 6.4 per cent and the Import Price Index by 7.0 per cent in the year. The Basic Price Index for Domestic Supply went up by 5.8 per cent. The Basic Price Index for Domestic Supply including Taxes went up by 5.6 per cent.

Export prices were in particular boosted by higher prices of pulp, paper, paperboard and cardboard and oil products from October last year. The rise in import prices was in turn particularly caused by higher prices of oil products, chemicals and chemical products, and electricity compared with last year’s October.

From September to October, producer prices for manufactured products went up by 0.3 per cent. The rise was mainly due to increased prices of oil products from the previous month.

Producer Price Indices 2015=100, October 2018

  Index Monthly change, % Annual change, %
Producer Price Index, total 107.2 0.3 5.8
- Producer Price Index, domestic goods 105.9 0.2 5.0
- Producer Price Index, export goods 108.7 0.3 6.6
Export Price Index 108.3 0.3 6.4
Import Price Index 111.3 0.0 7.0
Basic Price Index for Domestic Supply 108.5 0.3 5.8
Basic Price Index for Domestic Supply, incl. taxes 108.2 0.2 5.6

Producer Price Indices 1949=100, October 2018

  Index Monthly change, % Annual change, %
Production Price Index 2063 0.3 5.7
Export Price Index 1798 0.3 6.1
Import Price Index 1707 0.0 7.3
Wholesale Price Index 2396 0.2 5.8

Source: Producer Price Index 2018, October. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Mervi Nyfors 029 551 3480, Anna-Riikka Pitkänen 029 551 3466, Veli Kettunen 029 551 2693, thi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Updated 26.11.2018

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. October 2018. Helsinki: Statistics Finland [referred: 16.2.2019].
Access method: http://www.stat.fi/til/thi/2018/10/thi_2018_10_2018-11-26_tie_001_en.html