Producer Price Indices in May 2008

Producer prices for manufactured goods rose by 3.7 per cent, export prices by 1.4 per cent and import prices by 5.5 per cent from May 2007 to May 2008. The basic price index for domestic supply went up by 5.7 per cent in the year. The year-on-year change in the wholesale price index was 5.3 per cent.

The rise in the producer prices for manufactured products was particularly caused by increased prices of oil products from May 2007. The rise in the prices was held back by fallen prices of nickel, among other things.

From April to May producer prices for manufactured products rose by 0.8 per cent. The increase in the prices was caused especially by risen prices of oil products. The rise in the prices was held back by fallen prices of nickel and timber.

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

Indices (2000=100)	Point figure 5/2008	Change % 4/2008 - 5/2008	Change % 5/2007 - 5/2008
Producer price index for manufactured products, total	107.0	0.8	3.7
Export price index	97.0	0.2	1.4
Import price index	121.8	2.2	5.5
Basic price index for domestic supply	120.8	1.3	5.7
Wholesale price index	117.5	1.4	5.3

Source: Producer Price Indices 2008, May. 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 17.6.2008

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. May 2008. Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/thi/2008/05/thi_2008_05_2008-06-17_tie_001_en.html