Published: 24 April 2017
Producer prices for services grew by 0.8 per cent year-on-year in January to March
According to Statistics Finland, producer prices for services went up by 0.8 per cent in the first quarter of 2017 from the corresponding quarter of the year before.
Producer Price Indices for Services 2010=100, I/2010–I/2017
Producer prices for services were pushed up particularly by higher prices of freight transport by road and rents of office and business premises from the year before. The increase in the total index was also affected by higher prices of postal activities under universal service obligation and management consulting services. The rise was held back by lower prices of telecommunication, cargo handling and information service activities.
Compared to the fourth quarter of last year, producer prices for services went up by 0.6 per cent.
Producer Price Indices for Services 2010=100, 1st quarter 2017
| Industry | Point figure | Quarterly change,% | Annual change,% |
| TOTAL INDEX | 108.0 | 0.6 | 0.8 |
| H Transportation and storage | 105.5 | 1.0 | 1.6 |
| I Accommodation and food service activities | 117.4 | 1.3 | 0.0 |
| J Information and communication | 106.9 | 0.4 | 0.1 |
| L Real estate activities | 111.0 | -0.1 | 1.5 |
| M Professional, scientific and technical activities | 105.7 | 0.9 | 0.8 |
| N Administrative and support service activities | 115.0 | -0.1 | -0.3 |
| P Education | 114.7 | 0.0 | 1.0 |
| Q Human health and social work activities | 116.7 | 0.4 | 0.5 |
| R Arts, entertainment and recreation | 117.1 | 0.2 | 1.6 |
| S Other service activities | 113.6 | 1.0 | 0.9 |
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 2017, 1st 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 24.04.2017
Official Statistics of Finland (OSF):
Producer price indices for services [e-publication].
ISSN=1798-3940. 1st quarter 2017. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/pthi/2017/01/pthi_2017_01_2017-04-24_tie_001_en.html