Producer price indices in May 2005

According to Statistics Finland, producer price indices rose by 0.4 to 4.8 per cent in the year to May. The biggest increase was recorded in import prices, which was particularly attributable to higher prices of crude oil, basic chemicals, oil products, and iron, steel and ferro-alloys. The rise of import prices was curbed by lower prices of electrical products and pharmaceutical preparations.

From April to May producer price indices fell by 0.1 to 0.4 per cent. Import price index declined most, by 0.4 per cent. The fall of import prices was especially due to lower prices of crude oil and basic chemicals.

Month-on-month and year-on-year changes in Producer Price Indices in May 2005

Indices (2000=100)	Point figure 05/2005	Change-% 04/2005 - 05/2005	Change-% 05/2004 - 05/2005
Producer price index for manufactured products, total	94.3	-0.1	1.0
Export price index	88.0	-0.1	0.4
Import price index	101.6	-0.4	4.8
Basic price index for domestic supply	102.6	-0.1	2.8
Wholesale price index	100.5	-0.2	2.3

Source: Producer Price Indices 2005, May. Statistics Finland

Inquiries: Mr Toni Udd +358 9 1734 3380, Mr Anssi Vuorio +358 9 1734 2934, thi.tilastokeskus@stat.fi

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Last updated 17.6.2005

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. May 2005. Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/thi/2005/05/thi_2005_05_2005-06-17_tie_001_en.html