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

Latest publication: Producer price indices 2018, October

Published: 26 March 2018

Producer prices for manufactured products grew by 2.2 per cent from February last year

Corrected on 26 March 2018 at 10:15 am. The corrections are indicated in red.

According to Statistics Finland, producer prices for manufactured products rose by an average of 2.2 per cent from February 2017 to February 2018. Producer prices for manufactured products sold on the domestic market rose by 2.2 per cent, while the producer prices of export products went up by 2.4 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–2/2018

Producer Price Index (PPI) 2015=100, 1/2015–2/2018
The rise in the producer prices for manufactured products was particularly caused by increased prices of pulp, paper, paper board and cardboard, chemicals and chemical products, as well as electricity from February 2017. The rising of the prices was curbed particularly by falls in the prices of basic iron and steel and oil products.

The Export Price Index rose by 2.3 per cent and the Import Price Index by 1.9 per cent in the year. The Basic Price Index for Domestic Supply went up by 2.3 per cent. The Basic Price Index for Domestic Supply including taxes went up by 2.2 per cent.

Export prices were, in particular, boosted by the higher prices of manufacturing of pulp, paper, paper board and cardboard, as well as chemicals and chemical products from February last year. The rising of the prices was curbed above all by falls in the prices of basic iron and steel. The rise in import prices was, in turn, especially caused by higher prices of metal waste and electricity compared with last year's February. The rising of the prices was curbed above all by falls in the prices of electronic appliances.

From January to February, producer prices for manufactured goods went up by 0.3 per cent. The rise was mainly due to higher prices of electricity compared with the previous month.

Producer Price Indices 2015=100, February 2018

Corrected on 26 March at 10:15 am. The corrections are indicated in red.
  Index Monthly change, % Annual change, %
Producer Price Index, total 103.2 0.3 2.2
- Producer Price Index, domestic goods 102.8 0.5 2.2
- Producer Price Index, export goods 103.8 0.1 2.4
Export Price Index 103.5 0.1 2.3
Import Price Index 106.3 -0.2 1.9
Basic Price Index for Domestic Supply 104.5 0.2 2.3
Basic Price Index for Domestic Supply, incl. taxes 104.4 0.3 2.2

Producer Price Indices 1949=100, February 2018

  Index Monthly change, % Annual change, %
Production Price Index 1986 0.3 2.7
Export Price Index 1719 0.1 2.9
Import Price Index 1630 -0.2 3.2
Wholesale Price Index 2310 0.3 3.0

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, February. 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 26.03.2018

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. February 2018. Helsinki: Statistics Finland [referred: 16.12.2018].
Access method: http://www.stat.fi/til/thi/2018/02/thi_2018_02_2018-03-26_tie_001_en.html