Producer prices for services went up in January-March

According to Statistics Finland, producer prices for services went up by 3.1 per cent in the first quarter of 2007 from the corresponding quarter of the year before. The rise in the prices was mostly due to increases in the prices of goods transport by road, technical consultancy and rents of office and business premises from the corresponding quarter of the previous year.

From the previous quarter, producer prices for services rose by 1.1 per cent. This was mainly due to higher prices in computer and related activities and technical consultancy.

Producer price index for services 2005=100, 1st quarter 2007 *

Industry	Point figure	Quarterly change, %	Year-on-year change, %
Producer price index for services 2005=100	104,5	1,1	3,1
- Hotels and restaurants	105,7	1,8	2,8
Transport, warehousing and telecommunications	103,9	0,8	3,6
Real estate, renting and research services, business services	105,1	1,2	3,1
- Other community, social and personal service activities	100,4	0,5	-0,2

*Producer price index for services measures the price development of services produced by enterprises.

Source: Producer price index for services 2007, 1st quarter. Statistics Finland

Inquiries: Mr Matias Kemppainen +358 9 1734 3564, Ms Elina Pääkkö +358 9 1734 3725, pthi.tilastokeskus@stat.fi

Director in charge: Mr Kari Molnar

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Last updated 17.4.2007

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 1st quarter 2007. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/pthi/2007/01/pthi_2007_01_2007-04-17_tie_001_en.html