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Published: 18 August 2008

Producer Price Indices in July 2008

Producer prices for manufactured products rose by 4.9 per cent, export prices by 1.8 per cent and import prices by 7.0 per cent from July 2007 to July 2008. The basic price index for domestic supply went up by 7.1 per cent in the year. The year-on-year change in the wholesale price index was 6.9 per cent.

The rise in the producer prices for manufactured products was particularly caused by increased prices of oil products from July 2007. The rise in prices was curbed by fallen prices of non-ferrous metals.

From June to July producer prices for manufactured products rose by 0.4 per cent. The increase in the prices was caused especially by risen prices of electricity and chemical products. The rise in prices was curbed by fallen prices of oil products and electrical products.

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

Indices
(2000=100)
Point figure
7/2008
Change %
6/2008 - 7/2008
Change %
7/2007 - 7/2008
Producer price index for manufactured products, total 108.0 0.4 4.9
Export price index 96.5 -0.4 1.8
Import price index 123.6 0.3 7.0
Basic price index for domestic supply 123.1 0.8 7.1
Wholesale price index 120.1 0.9 6.9

Source: Producer Price Indices 2008, July. 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 14.8.2008

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. July 2008. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/thi/2008/07/thi_2008_07_2008-08-18_tie_001_en.html