Producer Price Indices in January 2008

Producer prices for manufactured products rose by 3.4 per cent, export prices by 2.9 per cent and import prices by 5.4 per cent from January 2007 to January 2008. The basic price index for domestic supply went up by 5.1 per cent in the year. The year-on-year change in the wholesale price index was 4.7 per cent.

The rise in the producer prices for manufactured products was particularly caused by increased prices of oil products from December 2007. The rising of the prices was held back by fallen prices of electric energy.

From December 2007 to January 2008, producer prices for manufactured products rose by 1.5 per cent. The increase in the prices was caused especially by risen prices of electricity, food and chemicals. The rise in the prices was held back by fallen prices of oil products, among other things.

Month-on-month and year-on-year changes in Producer Price Indices in January 2008

Indices (2000=100)	Point figure 1/2008	Change % 12/2007 - 1/2008	Change % 1/2007 - 1/2008
Producer price index for manufactured products, total	104.5	1.5	3.4
Export price index	95.4	0.9	2.9
Import price index	116.0	0.6	5.4
Basic price index for domestic supply	116.9	1.0	5.1
Wholesale price index	113.9	1.1	4.7

Source: Producer Price Indices 2008, January. Statistics Finland

Inquiries: Mr Matias Kemppainen +358 9 1734 3564, Mr Anssi Vuorio +358 9 1734 2934, thi.tilastokeskus@stat.fi

Director in charge: Mr Kari Molnar

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Last updated 18.2.2008

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. January 2008. Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/thi/2008/01/thi_2008_01_2008-02-18_tie_001_en.html