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Published: 24 January 2013

Producer prices for manufactured products rose by 1.5 per cent in December

According to Statistics Finland, producer prices for manufactured products rose by an average of 1.5 per cent from December 2011 to December 2012. Producer prices for manufactured products sold on the domestic market rose by 2.9 per cent, while the producer prices of export products went down by 0.1 per cent.

Producer Price Index (PPI) 2010=100, 2010:01–2012:12

Producer Price Index (PPI) 2010=100, 2010:01–2012:12
The Export Price Index remained unchanged from December 2011 to December 2012. The Import Price Index rose by 0.7 per cent. The Basic Price Index for Domestic Supply went up by 2.6 per cent and the year-on-year change in the Basic Price Index for Domestic Supply Including Taxes was 2.9 per cent.

The rise in the producer prices for manufactured products was particularly caused by higher prices of electricity, food and oil products from December of the previous year. The rising of the prices was curbed particularly by falls in the prices of paper and electronic appliances.

From November to December, producer prices for manufactured products fell by 0.2 per cent. The fall was mainly due to decreased prices of oil products from the previous month.

Producer Price Indices 2010=100

  Index 2012:12 2012:11 - 2012:12, % 2011:12 - 2012:12, %
Producer Price Index, total 106.5 -0.2 1.5
- Producer Price Index, domestic goods 108.8 0.2 2.9
- Producer Price Index, export goods 103.7 -0.7 -0.1
Export Price Index 104.0 -0.6 0.0
Import Price Index 110.0 -0.6 0.7
Basic Price Index for Domestic Supply 109.8 0.0 2.6
Basic Price Index for Domestic Supply, incl. taxes 111.2 0.0 2.9

Producer Price Indices 1949=100

  Index 2012:12 2012:11 - 2012:12, % 2011:12 - 2012:12, %
Production Price Index 1964 -0.2 1.5
Export Price Index (fob) 1698 -0.6 0.0
Import Price Index (cif) 1642 -0.6 0.5
Wholesale Price Index 2238 0.0 2.8

Source: Producer Price Index 2012, December. Statistics Finland

Inquiries: Anna-Riikka Pitkänen 09 1734 3466, Mervi Nyfors 09 1734 3480, Merja Pokela 09 1734 3283, Anni Huuskonen 09 1734 2992, Toni Udd 09 1734 3380, thi.tilastokeskus@stat.fi

Director in charge: Leena Storgårds

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Updated 24.1.2013

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. December 2012. Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/thi/2012/12/thi_2012_12_2013-01-24_tie_001_en.html