Home > Statistics > Producer price indices > 2017 > June > Producer prices for manufactured products grew by 3.2 per cent from June last year

Published: 24 July 2017

Producer prices for manufactured products grew by 3.2 per cent from June last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 3.2 per cent from June 2016 to June 2017. Producer prices for manufactured products sold on the domestic market rose by 2.8 per cent, while the producer prices of export products went up by 3.7 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–6/2017

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 food from June 2016. The rising of the prices was curbed particularly by falls in the prices of paper and paperboard, and oil products.

The Export Price Index rose by 3.6 per cent and the Import Price Index by 8.1 per cent in the year. The Basic Price Index for Domestic Supply went up by 4.3 per cent. The Basic Price Index for Domestic Supply including taxes went up by 4.0 per cent.

Export prices were, in particular, boosted by the higher prices of manufacturing of basic metals and chemicals and chemical products from June 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, manufacturing of basic metals and hard coal compared with the previous year's June. The rising of the prices was curbed above all by falls in the prices of oil products.

From May to June, producer prices for manufactured products fell by 0.5 per cent. The fall was mainly due to decreased prices of oil products from the previous month.

Producer Price Indices 2010=100, June 2017

	Index	Monthly change, %	Annual change, %
Producer Price Index, total	104.4	-0.5	3.2
- Producer Price Index, domestic goods	106.5	-0.4	2.8
- Producer Price Index, export goods	101.7	-0.7	3.7
Export Price Index	101.7	-0.7	3.6
Import Price Index	104.5	-0.6	8.1
Basic Price Index for Domestic Supply	107.7	-0.3	4.3
Basic Price Index for Domestic Supply, incl. taxes	111.1	-0.3	4.0

Producer Price Indices 1949=100, June 2017

	Index	Monthly change, %	Annual change, %
Production Price Index	1924	-0.5	3.2
Export Price Index	1661	-0.7	3.6
Import Price Index	1560	-0.6	8.1
Wholesale Price Index	2235	-0.3	4.0

Source: Producer Price Index 2017, June. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Mikael Mäkimattila 029 551 3021, Antti Kytönen 029 551 3475, Anna-Riikka Pitkänen 029 551 3466, 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, June 2017 (24.7.2017)
• Appendix table 2. Producer Price Indices 1949=100, June 2017 (24.7.2017)
• Appendix table 3. Producer Price Index 2010=100 (NACE-TOL 2008), June 2017 (24.7.2017)
• Appendix table 4. Producer Price Index 2010=100 (MIG), June 2017 (24.7.2017)
• Appendix table 5. Export Price Index 2010=100 (NACE-TOL 2008), June 2017 (24.7.2017)
• Appendix table 6. Export Price Index 2010=100 (MIG), June 2017 (24.7.2017)
• Appendix table 7. Import Price Index 2010=100 (NACE-TOL 2008), June 2017 (24.7.2017)
• Appendix table 8. Import Price Index 2010=100 (MIG), June 2017 (24.7.2017)
• Appendix table 9. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), June 2017 (24.7.2017)
• Appendix table 10. Basic Price Index for Domestic Supply 2010=100 (MIG), June 2017 (24.7.2017)
• Appendix table 11. Basic Price Index for Domestic Supply 2010=100 (NACE-TOL 2008), including taxes, June 2017 (24.7.2017)
• Appendix table 12. Basic Price Index for Domestic Supply 2010=100 (MIG), including taxes, June 2017 (24.7.2017)
• Appendix table 13. Production Price Index 1949=100 (SITC), June 2017 (24.7.2017)
• Appendix table 14. Production Price Index 1949=100 (ISIC), June 2017 (24.7.2017)
• Appendix table 15. Export Price Index 1949=100, June 2017 (24.7.2017)
• Appendix table 16. Import Price Index 1949=100, June 2017 (24.7.2017)
• Appendix table 17. Wholesale Price Index 1949=100, June 2017 (24.7.2017)
• Appendix table 18. Producer Price Index 2005=100, June 2017 (24.7.2017)
• Appendix table 19. Export Price Index 2005=100, June 2017 (24.7.2017)
• Appendix table 20. Import Price Index 2005=100, June 2017 (24.7.2017)
• Appendix table 21. Basic Price Index for Domestic Supply 2005=100, June 2017 (24.7.2017)
• Appendix table 22. Wholesale Price Index 2005=100, June 2017 (24.7.2017)
• Appendix table 23. Producer Price Indices for Services 2010=100, 2nd quarter 2017 (24.7.2017)
• Appendix table 24. Producer Price Index, international comparison (24.7.2017)
• Appendix table 25. Wood pellet, consumer price (24.7.2017)
• Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), June 2017 (24.7.2017)

Quality descriptions

• Quality Description of Producer Price Indices 2010=100 (24.7.2017)

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Updated 24.7.2017