Home > Statistics > Producer price indices > 2018 > January > Producer prices for manufactured products grew by 2.4 per cent from January last year

Published: 26 February 2018

Producer prices for manufactured products grew by 2.4 per cent from January last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 2.4 per cent from January 2017 to January 2018. Producer prices for manufactured products sold on the domestic market rose by 1.9 per cent, while the producer prices of export products went up by 3.0 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–012018

The rise in the producer prices for manufactured products was particularly caused by increased prices of paper and paper products, chemicals and chemical products, as well as metal products (excl. machinery and equipment) from January 2017. However, the rising of producer prices were curbed particularly by fallen prices of basic iron, steel and electricity.

The Export Price Index rose by 2.9 per cent and the Import Price Index by 3.8 per cent in the year. The Basic Price Index for Domestic Supply went up by 2.7 per cent. The Basic Price Index for Domestic Supply including taxes went up by 2.6 per cent.

Export prices were, in particular, boosted by the higher prices of chemicals and chemical products and paper and paper products from January last year. The rising of the prices was curbed particularly by fallen prices of basic iron and steel. The rise in import prices was, in turn, especially caused by higher prices of oil products and basic metals compared with last year's December. The rising of the prices was curbed above all by falls in the prices of electronic appliances.

From December to January, producer prices for manufactured products went up by 0.7 per cent. The rise was mainly due to higher prices of chemicals and chemical products from the month before.

Producer Price Indices 2015=100, January 2018

	Index	Monthly change, %	Annual change, %
Producer Price Index, total	102.9	0.7	2.4
- Producer Price Index, domestic goods	102.3	0.6	1.9
- Producer Price Index, export goods	103.7	0.7	3.0
Export Price Index	103.5	0.7	2.9
Import Price Index	106.6	0.8	3.8
Basic Price Index for Domestic Supply	104.2	0.6	2.7
Basic Price Index for Domestic Supply, incl. taxes	104.0	0.5	2.6

Producer Price Indices 1949=100, January 2018

	Index	Monthly change, %	Annual change, %
Production Price Index	1980	0.7	2.9
Export Price Index	1718	0.7	3.4
Import Price Index	1634	0.8	5.4
Wholesale Price Index	2303	0.5	3.6

Producer price indices have been renewed

Producer price indices have been revised and their base year is changed to 2015. In connection with the revision, the weight structures of the statistics were updated to correspond with the values of production, imports and exports for 2015. In addition, the commodity and enterprise samples were updated. The classification used in the releases is the CPA product classification instead of the previously used Standard Industrial Classification. Point figures calculated with the new base year become are in Statistics Finland's StatFin database. Calculation and publishing of data with base years 1949=100 and 2010=100 will continue.

Source: Producer Price Index 2018, January. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Antti Kytönen 029 551 3475, Anna-Riikka Pitkänen 029 551 3466, thi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

Publication in pdf-format (378.7 kB)

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Appendix tables

• Appendix table 1. Producer Price Indices 2015=100, index numbers and year-on-year changes, January 2018 (26.2.2018)
• Appendix table 2. Producer Price Indices 1949=100, January 2018 (26.2.2018)
• Appendix table 3. Producer Price Index 2015=100 (CPA 2015), January 2018 (26.2.2018)
• Appendix table 4. Producer Price Index 2015=100 (MIG), January 2018 (26.2.2018)
• Appendix table 5. Export Price Index 2015=100 (CPA 2015), January 2018 (26.2.2018)
• Appendix table 6. Export Price Index 2015=100 (MIG), January 2018 (26.2.2018)
• Appendix table 7. Import Price Index 2015=100 (CPA 2015), January 2018 (26.2.2018)
• Appendix table 8. Import Price Index 2015=100 (MIG), January 2018 (26.2.2018)
• Appendix table 9. Basic Price Index for Domestic Supply 2015=100 (CPA 2015), January 2018 (26.2.2018)
• Appendix table 10. Basic Price Index for Domestic Supply 2015=100 (MIG), January 2018 (26.2.2018)
• Appendix table 11. Basic Price Index for Domestic Supply 2015=100 (CPA 2015), including taxes, January 2018 (26.2.2018)
• Appendix table 12. Basic Price Index for Domestic Supply 2015=100 (MIG), including taxes, January 2018 (26.2.2018)
• Appendix table 13. Production Price Index 1949=100 (SITC), January 2018 (26.2.2018)
• Appendix table 14. Production Price Index 1949=100 (ISIC), January 2018 (26.2.2018)
• Appendix table 15. Export Price Index 1949=100, January 2018 (26.2.2018)
• Appendix table 16. Import Price Index 1949=100, January 2018 (26.2.2018)
• Appendix table 17. Wholesale Price Index 1949=100, January 2018 (26.2.2018)
• Appendix table 18. Producer Price Index 2010=100, January 2018 (26.2.2018)
• Appendix table 19. Export Price Index 2010=100, January 2018 (26.2.2018)
• Appendix table 20. Import Price Index 2010=100, January 2018 (26.2.2018)
• Appendix table 21. Basic Price Index for Domestic Supply 2010=100, January 2018 (26.2.2018)
• Appendix table 22. Basic Price Index for Domestic Supply 2010=100, including taxes, January 2018 (26.2.2018)
• Appendix table 23. Producer Price Indices for Services 2010=100, 4th quarter 2017 (26.2.2018)
• Appendix table 24. Producer Price Index, international comparison (26.2.2018)
• Appendix table 25. Wood pellet, consumer price (The appendix table was corrected on 27 February 2018 (26.2.2018)
• Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), January 2018 (26.2.2018)

Quality descriptions

• Quality Description of Producer Price Indices 2015=100 (26.2.2018)

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Updated 26.02.2018