A more recent publication of this set of statistics is available.

Latest publication: Producer price indices 2018, May

Published: 22 December 2017

Producer prices for manufactured products grew by 3.6 per cent from November last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 3.6 per cent from November 2016 to November 2017. Producer prices for manufactured products sold on the domestic market rose by 2.5 per cent, while the producer prices of export products went up by 5.0 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–11/2017

Producer Price Index (PPI) 2010=100, 1/2010–11/2017
The increase in the producer prices for manufactured goods was particularly attributable to risen prices of manufacturing of basic metals, oil products and chemicals and chemical products from November 2016. The rising of producer prices was curbed particularly by fallen prices of electricity and paper and paper board.

The Export Price Index rose by 5.0 per cent and the Import Price Index by 8.4 per cent in the year. The Basic Price Index for Domestic Supply went up by 4.6 per cent. The Basic Price Index for Domestic Supply including taxes went up by 4.4 per cent.

Export prices were, in particular, boosted by higher prices of manufacturing of basic metals and oil products from November 2016. The rising of the prices was curbed particularly by fallen cost of paper and paper board. The rise in import prices was, in turn, especially caused by higher prices of oil products and metal ores from last year's November. The rising of the prices was curbed above all by falls in the prices of electricity.

From October to November, producer prices for manufactured goods went up by 0.6 per cent. The rise was mainly due to increased prices of oil products from the previous month.

Producer Price Indices 2010=100, November 2017

  Index Monthly change, % Annual change, %
Producer Price Index, total 106.5 0.6 3.6
- Producer Price Index, domestic goods 108.1 0.6 2.5
- Producer Price Index, export goods 104.6 0.7 5.0
Export Price Index 104.6 0.7 5.0
Import Price Index 107.9 1.3 8.4
Basic Price Index for Domestic Supply 110.0 0.8 4.6
Basic Price Index for Domestic Supply, incl. taxes 113.3 0.7 4.4

Producer Price Indices 1949=100, November 2017

  Index Monthly change, % Annual change, %
Production Price Index 1963 0.6 3.6
Export Price Index 1707 0.7 5.0
Import Price Index 1611 1.3 8.4
Wholesale Price Index 2280 0.7 4.4

Source: Producer Price Index 2017, November. 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 22.12.2017

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. November 2017. Helsinki: Statistics Finland [referred: 21.7.2018].
Access method: http://www.stat.fi/til/thi/2017/11/thi_2017_11_2017-12-22_tie_001_en.html

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