Home > Statistics > Producer price indices for services > 2019 > 3rd quarter > Producer prices for services grew by 1.7 per cent year-on-year in July to September

Published: 24 October 2019

Producer prices for services grew by 1.7 per cent year-on-year in July to September

According to Statistics Finland, the annual change in the Producer Price Index for Services was 1.7 per cent in the third quarter of 2019. Compared to the previous quarter, producer prices for services rose by 0.3 per cent.

Producer Price Indices for Services 2015=100, I/2015–III/2019

Producer prices for services were pushed up particularly by higher prices of rents of dwellings and freight transport by road from one year ago. The price increase was also affected by higher prices of food services and business and management consulting services. The rise in the prices was held back by fallen prices of renting services of construction machinery and equipment, as well as telecommunications, for example.

Producer prices for services for enterprises and the public sector (Business to Business, BtoB) were boosted in particular by higher prices of freight transport by road and business and management consulting services from one year ago. The rise was held back by fallen prices of renting services of machinery and equipment, among other things. Producer prices for services for households (Business to Consumers, BtoC) were, in turn, pushed up particularly by higher prices of rents of dwellings and food services from one year ago. The rise was held back by, for example, lower prices of passenger transport services.

Producer Price Indices for Services 2015=100, total (BtoAll), 3rd quarter 2019

Services by activity	Point figure	Quarterly change,%	Annual change,%
TOTAL INDEX	105.5	0.3	1.7
H TRANSPORTATION AND STORAGE SERVICES	105.2	0.0	2.0
I ACCOMMODATION AND FOOD SERVICES	109.3	0.8	2.3
J INFORMATION AND COMMUNICATION SERVICES	105.0	0.2	1.9
L REAL ESTATE SERVICES	106.0	0.3	1.6
M PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES	105.4	0.0	1.5
N ADMINISTRATIVE AND SUPPORT SERVICES	100.8	0.9	-0.5
P EDUCATION SERVICES	106.2	0.5	0.9
Q HUMAN HEALTH AND SOCIAL WORK SERVICES	109.5	0.0	3.4
R ARTS, ENTERTAINMENT AND RECREATION SERVICES	104.9	0.5	1.6
S OTHER SERVICES	104.9	0.2	1.4

Producer Price Indices for Services currently cover about 60 per cent of the market services.

Source: Producer Price Indices for Services 2019, 3rd quarter. Statistics Finland

Inquiries: Ville Markkanen 029 551 3023, Satu Sitkiä-Vikholm 029 551 3424, pthi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

Publication in pdf-format (323.2 kB)

Tables

Tables in databases

Pick the data you need into tables, view the data as graphs, or download the data for your use.

• Database tables and their variables
• Archived tables

Appendix tables

• Appendix table 1. Producer Price Indices for Services 2015=100, total (BtoAll), 3rd quarter 2019 (24.10.2019)
• Appendix table 2. Producer Price Indices for Services 2015=100, services to enterprises and public sector (BtoB), 3rd quarter 2019 (24.10.2019)
• Appendix table 3. Producer Price Indices for Services 2015=100, services to households (BtoC), 3rd quarter 2019 (24.10.2019)
• Appendix table 4. Producer Price Indices for Services 2010=100, services to enterprises and public sector (BtoB), 3rd quarter 2019 (24.10.2019)

Quality descriptions

• Quality Description of Producer Price Index for Services (24.10.2019)

---

Updated 24.10.2019