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Published: 24 June 2013

Producer prices for manufactured products fell by 0.4 per cent in May

According to Statistics Finland, producer prices for manufactured products fell by an average of 0.4 per cent from May 2012 to May 2013. Producer prices for manufactured products sold on the domestic market rose by 0.5 per cent, while the producer prices of export products went down by 1.5 per cent.

Producer Price Index (PPI) 2010=100, 2010:01–2013:05

Producer Price Index (PPI) 2010=100, 2010:01–2013:05
The Export Price Index fell by 1.4 per cent and the Import Price Index by 2.1 per cent in the year. The Basic Price Index for Domestic Supply went up by 0.2 per cent. The year-on-year change in the Basic Price Index for Domestic Supply, Including Taxes was 1.1 per cent.

Producer prices for manufactured products went down especially due to reductions in the prices of oil products, manufacturing of basic metals and electronic appliances from last year's May. The falling of the prices was curbed particularly by higher prices of district heating, electricity, food and machines and equipment.

From April to May, producer prices for manufactured products went down by 0.2 per cent. Producer prices were mainly depressed by falls in the prices of electricity and oil products.

Producer Price Indices 2010=100

  Index 2013:05 2013:04 - 2013:05, % 2012:05 - 2013:05, %
Producer Price Index, total 106.8 -0.2 -0.4
- Producer Price Index, domestic goods 109.3 -0.2 0.5
- Producer Price Index, export goods 103.7 -0.1 -1.5
Export Price Index 104.0 -0.1 -1.4
Import Price Index 109.0 -0.1 -2.1
Basic Price Index for Domestic Supply 110.0 0.0 0.2
Basic Price Index for Domestic Supply, incl. taxes 112.4 0.0 1.1

Producer Price Indices 1949=100

  Index 2013:05 2013:04 - 2013:05, % 2012:05 - 2013:05, %
Production Price Index 1968 -0.2 -0.4
Export Price Index (fob) 1698 -0.1 -1.4
Import Price Index (cif) 1626 -0.1 -2.1
Wholesale Price Index 2260 0.0 1.1

Source: Producer Price Index 2013, May. Statistics Finland

Inquiries: Anna-Riikka Pitkänen 09 1734 3466, Anni Huuskonen 09 1734 2992, Mervi Nyfors 09 1734 3480, Merja Pokela 09 1734 3283, Riikka Marttila 09 1734 2960, Toni Udd 09 1734 3380, thi.tilastokeskus@stat.fi

Director in charge: Leena Storgårds

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Updated 24.6.2013

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. May 2013. Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/thi/2013/05/thi_2013_05_2013-06-24_tie_001_en.html