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Published: 17 January 2012

Producer prices for manufactured products rose by 1.8 per cent in December

According to Statistics Finland, producer prices for manufactured products rose by an average of 1.8 per cent from December 2010 to December 2011. Producer prices for manufactured products sold on the domestic market rose by 2.2 per cent, while the producer prices of export industries went up by 1.3 per cent.

Producer Price Index (PPI) 2005=100, 2005:01–2011:12

Producer Price Index (PPI) 2005=100, 2005:01–2011:12
The export price index rose by 1.3 per cent and the import price index by 4.6 per cent in the year. The basic price index for domestic supply went up by 3.4 per cent and the year-on-year change in the wholesale price index was 4.2 per cent.

The rise in the producer prices for manufactured products was particularly caused by risen prices of oil products, chemicals and food from December of the previous year. The rising of the prices was curbed above all by falls in the price of electricity.

From November to December, producer prices for manufactured products went down by 0.4 per cent. The fall was mainly due to decreased prices of electricity.

Producer Price Indices 2005=100

  Index 2011:12 2011:11 - 2011:12, % 2010:12 - 2011:12, %
Producer Price Index, total 113.6 -0.4 1.8
- Producer Price Index, domestic goods 125.7 -0.5 2.2
- Producer Price Index, export goods 101.7 -0.2 1.3
Export Price Index 102.2 0.0 1.3
Import Price Index 119.5 0.1 4.6
Basic Price Index for Domestic Supply 122.4 -0.2 3.4
Wholesale Price Index 123.1 -0.2 4.2

Producer Price Indices 1949=100

  Index 2011:12 2011:11 - 2011:12, % 2010:12 - 2011:12, %
Production Price Index 1934 -0.4 1.8
Export Price Index (fob) 1698 0.0 1.3
Import Price Index (cif) 1633 0.1 4.6
Wholesale Price Index 2176 -0.2 4.2


The base year and the release date for the Producer Price Indices will change in February

The Producer Price Indices' commodity baskets will be updated, and the weight structures will be revised to correspond to the structures of production, imports and exports in 2010. In addition, the new base year will be 2010.

The first revised 2010=100-indices will be released on 24 February 2012. Since the statistics of January 2012, the indices will be published on the 24th day of the month following the statistical reference month, or on the first working day following it. However, the November's statistics will be published on the previous working day due to Christmas.


Source: Producer Price Index 2011, December. Statistics Finland

Inquiries: Toni Udd (09) 1734 3380, Anna-Riikka Pitkänen (09) 1734 3466, Matti Suoniemi (09) 1734 3488, Merja Pokela (09) 1734 3283, Mervi Nyfors (09) 1734 3480, thi.tilastokeskus@stat.fi

Director in charge: Kari Molnar

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Updated 17.1.2012

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. December 2011. Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/thi/2011/12/thi_2011_12_2012-01-17_tie_001_en.html