Published: 25 April 2016
Producer prices for services grew by 0.2 per cent year-on-year in January to March
According to Statistics Finland, producer prices for services went up by 0.2 per cent in the first quarter of 2016 from the corresponding quarter of the year before.
Producer Price Indices for Services 2010=100, I/2010–I/2016
Producer prices for services were pushed up particularly by higher prices of computer programming and related services and telecommunication services from the year before. The increase in the total index was also affected by higher prices of hotel accommodation and postal activities under universal service obligation. The rise was held back by lower prices of freight transport by road and rents of business premises.
Compared to the fourth quarter of last year, producer prices for services went up by 0.5 per cent.
Producer Price Indices for Services 2010=100, 1st quarter 2016
Industry | Point figure | Quarterly change,% | Annual change,% |
TOTAL INDEX | 107.2 | 0.5 | 0.2 |
H Transportation and storage | 103.8 | -0.4 | -1.9 |
I Accommodation and food service activities | 117.4 | 2.9 | 4.6 |
J Information and communication | 106.8 | 0.9 | 1.8 |
L Real estate activities | 109.3 | -0.3 | -1.3 |
M Professional, scientific and technical activities | 104.8 | 0.7 | 0.3 |
N Administrative and support service activities | 115.3 | 1.2 | 1.3 |
P Education | 113.5 | 0.7 | 2.9 |
Q Human health and social work activities | 116.1 | 2.0 | 2.0 |
R Arts, entertainment and recreation | 115.3 | 0.5 | 0.7 |
S Other service activities | 112.7 | 0.6 | 0.4 |
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 2016, 1st 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 25.4.2016
Official Statistics of Finland (OSF):
Producer price indices for services [e-publication].
ISSN=1798-3940. 1st quarter 2016. Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/pthi/2016/01/pthi_2016_01_2016-04-25_tie_001_en.html