Press release 17.1.2005
Producer Price Indices in December 2004
According to Statistics Finland, producer price indices rose by between 0.1 and 3.5 per cent from December 2003 to December 2004. The biggest increase of 3.5 per cent was recorded in import prices, caused primarily by risen prices of crude oil, processed metals, metal ores, chemicals and chemical products. The rise in the prices was curbed by lower costs of electrical products and pharmaceutical preparations.
Producer price indices turned to a good decline in December as the prices of crude oil and oil products fell. Import prices fell most, by 1.5 per cent. The export price index fell by 0.9 per cent. Besides lower costs of oil products, fallen prices of pulp, paper and board also brought export prices down.
Month-on-month and year-on-year changes in Producer Price Indices in December 2004
11/2004 - 12/2004
12/2003 - 12/2004
|Producer price index for manufactured products, total||92.8||-0.6||0.1|
|Export price index||86.2||-0.9||0.2|
|Import price index||96.9||-1.5||3.5|
|Basic price index for domestic supply||100.2||-0.6||1.6|
|Wholesale price index||98.3||-0.7||0.7|
Source: Producer Price Indices 2004, December. Statistics Finland
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