Published: 26 June 2017
Producer prices for manufactured products grew by 4.1 per cent from May last year
According to Statistics Finland, producer prices for manufactured products rose by an average of 4.1 per cent from May 2016 to May 2017. Producer prices for manufactured products sold on the domestic market rose by 3.7 per cent, while the producer prices of export products went up by 4.6 per cent.
Producer Price Index (PPI) 2010=100, 1/2010–5/2017
The rise in the producer prices for manufactured products was particularly caused by increased prices of manufacturing of basic metals, chemicals and chemical products, as well as oil products from May 2016. The rising of the prices was curbed particularly by falls in the prices of paper and paper products, and electronic appliances.
The Export Price Index rose by 4.6 per cent and the Import Price Index by 9.7 per cent in the year. The Basic Price Index for Domestic Supply went up by 5.2 per cent. The Basic Price Index for Domestic Supply including taxes went up by 4.9 per cent.
Export prices were, in particular, boosted by the higher prices of manufacturing of basic metals and chemicals and chemical products from May 2016. The rise in prices was curbed especially by lower prices of paper and paper board products. The rise in import prices was, in turn, especially caused by higher prices of metal ores, oil products and manufacturing of basic metals compared with the previous year's May. The rising of the prices was curbed particularly by falls in the prices of chemical products.
From April to May, producer prices for manufactured products fell by 0.3 per cent. The fall was mainly due to decreased prices of oil products from the previous month.
Producer Price Indices 2010=100, May 2017
Index | Monthly change, % | Annual change, % | |
Producer Price Index, total | 104.9 | -0.3 | 4.1 |
- Producer Price Index, domestic goods | 106.9 | -0.1 | 3.7 |
- Producer Price Index, export goods | 102.4 | -0.5 | 4.6 |
Export Price Index | 102.5 | -0.5 | 4.6 |
Import Price Index | 105.2 | -1.4 | 9.7 |
Basic Price Index for Domestic Supply | 108.1 | -0.5 | 5.2 |
Basic Price Index for Domestic Supply, incl. taxes | 111.4 | -0.4 | 4.9 |
Producer Price Indices 1949=100, May 2017
Index | Monthly change, % | Annual change, % | |
Production Price Index | 1934 | -0.3 | 4.1 |
Export Price Index | 1673 | -0.5 | 4.6 |
Import Price Index | 1570 | -1.4 | 9.7 |
Wholesale Price Index | 2241 | -0.4 | 4.9 |
Source: Producer Price Index 2017, May. Statistics Finland
Inquiries: Anni Huuskonen 029 551 2992, Antti Kytönen 029 551 3475, Anna-Riikka Pitkänen 029 551 3466, Mikael Mäkimattila 029 551 3021, thi.tilastokeskus@stat.fi
Director in charge: Ville Vertanen
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Appendix tables
- Appendix table 1. Producer Price Indices 2010=100, index numbers and year-on-year changes, May 2017 (26.6.2017)
- Appendix table 2. Producer Price Indices 1949=100, May 2017 (26.6.2017)
- Appendix table 3. Producer Price Index 2010=100 (NACE-TOL 2008), May 2017 (26.6.2017)
- Appendix table 4. Producer Price Index 2010=100 (MIG), May 2017 (26.6.2017)
- Appendix table 5. Export Price Index 2010=100 (NACE-TOL 2008), May 2017 (26.6.2017)
- Appendix table 6. Export Price Index 2010=100 (MIG), May 2017 (26.6.2017)
- Appendix table 7. Import Price Index 2010=100 (NACE-TOL 2008), May 2017 (26.6.2017)
- Appendix table 8. Import Price Index 2010=100 (MIG), May 2017 (26.6.2017)
- Appendix table 9. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), May 2017 (26.6.2017)
- Appendix table 10. Basic Price Index for Domestic Supply 2010=100 (MIG), May 2017 (26.6.2017)
- Appendix table 11. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), including taxes, May 2017 (26.6.2017)
- Appendix table 12. Basic Price Index for Domestic Supply 2010=100 (MIG), including taxes, May 2017 (26.6.2017)
- Appendix table 13. Production Price Index 1949=100 (SITC), May 2017 (26.6.2017)
- Appendix table 14. Production Price Index 1949=100 (ISIC), May 2017 (26.6.2017)
- Appendix table 15. Export Price Index 1949=100, May 2017 (26.6.2017)
- Appendix table 16. Import Price Index 1949=100, May 2017 (26.6.2017)
- Appendix table 17. Wholesale Price Index 1949=100, May 2017 (26.6.2017)
- Appendix table 18. Producer Price Index 2005=100, May 2017 (26.6.2017)
- Appendix table 19. Export Price Index 2005=100, May 2017 (26.6.2017)
- Appendix table 20. Import Price Index 2005=100, May 2017 (26.6.2017)
- Appendix table 21. Basic Price Index for Domestic Supply 2005=100, May 2017 (26.6.2017)
- Appendix table 22. Wholesale Price Index 2005=100, May 2017 (26.6.2017)
- Appendix table 23. Producer Price Indices for Services 2010=100, 1st quarter 2017 (26.6.2017)
- Appendix table 24. Producer Price Index, international comparison (26.6.2017)
- Appendix table 25. Wood pellet, consumer price (26.6.2017)
- Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), May 2017 (26.6.2017)
- Quality descriptions
Updated 26.6.2017
Official Statistics of Finland (OSF):
Producer price indices [e-publication].
ISSN=1799-3695. May 2017. Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/thi/2017/05/thi_2017_05_2017-06-26_tie_001_en.html