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Latest publication: Producer price indices 2017, October

Published: 24 May 2017

Producer prices for manufactured products grew by 5.0 per cent from April last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 5.0 per cent from April 2016 to April 2017. Producer prices for manufactured products sold on the domestic market rose by 4.3 per cent, while the producer prices of export products went up by 6.0 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–4/2017

Producer Price Index (PPI) 2010=100, 1/2010–4/2017
The rise in the producer prices for manufactured products was particularly caused by increased prices of manufacturing of basic metals and oil products from April 2016. The rising of the prices was curbed particularly by falls in the prices of paper and paper board products, and electronic appliances.

The Export Price Index rose by 5.9 per cent and the Import Price Index by 12.9 per cent in the year. The Basic Price Index for Domestic Supply went up by 6.6 per cent. The Basic Price Index for Domestic Supply including taxes went up by 6.2 per cent.

Export prices were, in particular, boosted by higher prices of manufacturing of basic metals and oil products from April 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 oil products and metal ores compared with last year's April. The rise in prices was curbed especially by lower prices of food.

From March to April, producer prices for manufactured products rose by 0.2 per cent. The rise was mainly due to higher prices of paper and paper board products compared with the previous month.

Producer Price Indices 2010=100, April 2017

  Index Monthly change, % Annual change, %
Producer Price Index, total 105.2 0.2 5.0
- Producer Price Index, domestic goods 107.0 -0.1 4.3
- Producer Price Index, export goods 102.9 0.7 6.0
Export Price Index 103.0 0.7 5.9
Import Price Index 106.7 0.3 12.9
Basic Price Index for Domestic Supply 108.6 0.1 6.6
Basic Price Index for Domestic Supply, incl. taxes 111.9 0.1 6.2

Producer Price Indices 1949=100, April 2017

  Index Monthly change, % Annual change, %
Production Price Index 1939 0.2 5.0
Export Price Index 1681 0.7 5.9
Import Price Index 1592 0.3 12.9
Wholesale Price Index 2250 0.1 6.2

Source: Producer Price Index 2017, April. 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

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Updated 24.5.2017

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. April 2017. Helsinki: Statistics Finland [referred: 15.12.2017].
Access method: http://www.stat.fi/til/thi/2017/04/thi_2017_04_2017-05-24_tie_001_en.html

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