Home > Statistics > Producer price indices > 2020 > June > Producer prices for manufactured products fell by 4.4 per cent from June last year

Published: 24 July 2020

Producer prices for manufactured products fell by 4.4 per cent from June last year

According to Statistics Finland, producer prices for manufactured products went down by an average of 4.4 per cent from June 2019 to June 2020. The producer prices for manufactured products sold on the domestic market declined by 3.1 per cent, while the producer prices of export products fell by 5.8 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–06/2020

The drop in the producer prices for manufactured products was particularly attributable to fallen prices of oil products, pulp, paper, paperboard and cardboard, as well as iron and steel from June 2019.

The export price index fell by 5.8 per cent and the import price index by 6.6 per cent in the year. The basic price index for domestic supply went down by 3.6 per cent. The basic price index for domestic supply including taxes fell by 3.2 per cent.

The decrease in the export price index was in particular affected by lower prices of oil products, pulp, paper, paperboard and cardboard compared to June last year. The fall in the import price index was, in turn, especially attributable to reductions in the prices of oil products.

From May to June, producer prices for manufactured goods went up by 1.8 per cent. Producer prices increased particularly due to higher prices of oil products and electricity compared to the previous month.

Producer Price Indices 2015=100, June 2020

	Index	Monthly change, %	Annual change, %
Producer Price Index, total	100.7	1.8	-4.4
- Producer Price Index, domestic goods	101.1	2.2	-3.1
- Producer Price Index, export goods	100.3	1.3	-5.8
Export Price Index	100.0	1.3	-5.8
Import Price Index	100.7	1.5	-6.6
Basic Price Index for Domestic Supply	103.2	1.3	-3.6
Basic Price Index for Domestic Supply, incl. taxes	103.4	1.4	-3.2

Producer Price Indices 1949=100, June 2020

	Index	Monthly change, %	Annual change, %
Production Price Index	1937	1.8	-4.4
Export Price Index	1660	1.3	-5.8
Import Price Index	1544	1.5	-6.6
Wholesale Price Index	2290	1.4	-3.2

Source: Producer Price Index 2020, June. Statistics Finland

Inquiries: Anna-Riikka Pitkänen 029 551 3466, Veli Kettunen 029 551 2693, Anssi Peltola 029 551 3482, thi.tilastokeskus@stat.fi

Director in charge: Jan Nokkala

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Appendix tables

• Appendix table 1. Producer Price Indices 2015=100, index numbers and year-on-year changes, June 2020 (24.7.2020)
• Appendix table 2. Producer Price Indices 1949=100, June 2020 (24.7.2020)
• Appendix table 3. Producer Price Index 2015=100 (CPA 2015), June 2020 (24.7.2020)
• Appendix table 4. Producer Price Index 2015=100 (MIG), June 2020 (24.7.2020)
• Appendix table 5. Export Price Index 2015=100 (CPA 2015), June 2020 (24.7.2020)
• Appendix table 6. Export Price Index 2015=100 (MIG), June 2020 (24.7.2020)
• Appendix table 7. Import Price Index 2015=100 (CPA 2015), June 2020 (24.7.2020)
• Appendix table 8. Import Price Index 2015=100 (MIG), June 2020 (24.7.2020)
• Appendix table 9. Basic Price Index for Domestic Supply 2015=100 (CPA 2015), June 2020 (24.7.2020)
• Appendix table 10. Basic Price Index for Domestic Supply 2015=100 (MIG), June 2020 (24.7.2020)
• Appendix table 11. Basic Price Index for Domestic Supply 2015=100 (CPA 2015), including taxes, June 2020 (24.7.2020)
• Appendix table 12. Basic Price Index for Domestic Supply 2015=100 (MIG), including taxes, June 2020 (24.7.2020)
• Appendix table 13. Production Price Index 1949=100 (SITC), June 2020 (24.7.2020)
• Appendix table 14. Production Price Index 1949=100 (ISIC), June 2020 (24.7.2020)
• Appendix table 15. Export Price Index 1949=100, June 2020 (24.7.2020)
• Appendix table 16. Import Price Index 1949=100, June 2020 (24.7.2020)
• Appendix table 17. Wholesale Price Index 1949=100, June 2020 (24.7.2020)
• Appendix table 18. Producer Price Index 2010=100, June 2020 (24.7.2020)
• Appendix table 19. Export Price Index 2010=100, June 2020 (24.7.2020)
• Appendix table 20. Import Price Index 2010=100, June 2020 (24.7.2020)
• Appendix table 21. Basic Price Index for Domestic Supply 2010=100, June 2020 (24.7.2020)
• Appendix table 22. Basic Price Index for Domestic Supply 2010=100, including taxes, June 2020 (24.7.2020)
• Appendix table 23. Producer Price Indices for Services 2015=100, BtoAll, 2nd quarter 2020 (24.7.2020)
• Appendix table 24. Producer Price Index, international comparison (24.7.2020)
• Appendix table 25. Wood pellet, consumer price (24.7.2020)
• Appendix table 26. Basic Price Index for Domestic Supply 2000=100 (NACE-TOL 2002), June 2020 (24.7.2020)

Quality descriptions

• Quality Description of Producer Price Indices 2015=100 (24.7.2020)

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Updated 24.7.2020