Published: 25 January 2016
Producer prices for services fell by 0.3 per cent year-on-year in October to December
According to Statistics Finland, producer prices for services fell by 0.3 per cent in the fourth quarter of 2015 from the corresponding quarter of the year before.
Producer Price Indices for Services 2010=100, I/2010–IV/2015
Producer prices for services decreased particularly due to lower prices of freight transport than one year ago. Lower rents of business premises and of construction and civil engineering machinery and equipment also contributed to the fall in the total index. The fall in prices was slowed down by higher prices of computer programming and related services and postal activities under universal service obligation.
Compared to the third quarter, producer prices for services went down by 0.3 per cent.
Producer Price Indices for Services 2010=100, 4th quarter 2015
| Industry | Point figure | Quarterly change,% | Annual change,% |
| TOTAL INDEX | 106.7 | -0.3 | -0.3 |
| H Transportation and storage | 104.2 | -0.9 | -1.7 |
| I Accommodation and food service activities | 114.1 | 2.3 | 2.0 |
| J Information and communication | 105.8 | 0.0 | 1.4 |
| L Real estate activities | 109.6 | -0.9 | -1.5 |
| M Professional, scientific and technical activities | 104.1 | 0.2 | -0.1 |
| N Administrative and support service activities | 113.9 | -0.7 | -0.2 |
| P Education | 112.7 | 1.4 | -2.9 |
| Q Human health and social work activities | 113.9 | 0.0 | 0.5 |
| R Arts, entertainment and recreation | 114.7 | 1.1 | 0.7 |
| S Other service activities | 112.0 | -0.2 | -0.6 |
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 2015, 4th 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: Ville Vertanen
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Updated 25.01.2016
Official Statistics of Finland (OSF):
Producer price indices for services [e-publication].
ISSN=1798-3940. 4th quarter 2015. Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/pthi/2015/04/pthi_2015_04_2016-01-25_tie_001_en.html