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Published: 24 January 2017

Producer prices for services grew by 0.7 per cent year-on-year in October to December

According to Statistics Finland, producer prices for services went up by 0.7 per cent in the fourth quarter of 2016 from the corresponding quarter of the year before.

Producer Price Indices for Services 2010=100, I/2010–IV/2016

Producer Price Indices for Services 2010=100, I/2010–IV/2016

Producer prices for services were pushed up particularly by higher prices of computer programming and related services and postal activities under universal service obligation from the year before. The increase in the total index was also affected by higher rents of office and business premises. The rise was held back by lower prices of architectural and engineering activities and information service activities.

Compared to the third quarter, producer prices for services went up by 0.2 per cent.

Producer Price Indices for Services 2010=100, 4th quarter 2016

Industry Point figure Quarterly change,% Annual change,%
TOTAL INDEX 107.4 0.2 0.7
H Transportation and storage 104.4 0.7 0.2
I Accommodation and food service activities 116.0 1.7 1.6
J Information and communication 106.5 0.3 0.6
L Real estate activities 111.1 1.5 1.4
M Professional, scientific and technical activities 104.7 -0.4 0.6
N Administrative and support service activities 115.0 -0.6 1.0
P Education 114.6 0.6 1.7
Q Human health and social work activities 116.2 0.0 2.0
R Arts, entertainment and recreation 116.9 0.8 1.9
S Other service activities 112.5 0.0 0.5

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, 4th quarter. Statistics Finland

Inquiries: Susanna Tåg 029 551 2991, Satu Sitkiä-Vikholm 029 551 3424, pthi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Updated 24.01.2017

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 4th quarter 2016. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/pthi/2016/04/pthi_2016_04_2017-01-24_tie_001_en.html