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Published: 17 November 2010

Producer prices for manufactured products rose by 7.3 per cent in the year

According to Statistics Finland, producer prices for manufactured products rose by an average of 7.3 per cent from October 2009 to October 2010. Producer prices for manufactured products sold on the domestic market rose by 7.7 per cent while the producer prices of export industries went up by 6.8 per cent.

Producer Price Index (PPI) 2005=100, 2005:01–2010:10

Producer Price Index (PPI) 2005=100, 2005:01–2010:10
The export price index rose by 7.1 per cent and the import price index by 7.8 per cent in the year. The basic price index for domestic supply went up by 7.2 per cent while the year-on-year change in the wholesale price index was 8.7 per cent.

The rise in the producer prices for manufactured products was caused by increases in the prices of, for instance, metals, pulp and oil products from the previous year’s October. The rising of the prices was curbed by falls in the prices of electronic products.

From September to October, producer prices for manufactured products went up by 0.1 per cent. The rise was caused by, among other things, increases in the prices of chemicals. The rise was held back by fallen price of pulp, in particular.

Producer Price Indices 2005=100

  Index 2010:10 2010:09 - 2010:10, % 2009:10 - 2010:10, %
Producer Price Index, total 110,0 0,1 7,3
- Producer Price Index, domestic goods 120,5 0,2 7,7
- Producer Price Index, export goods 99,6 0,0 6,8
Export Price Index 99,8 -0,1 7,1
Import Price Index 110,5 -0,1 7,8
Basic Price Index for domestic supply 115,9 0,3 7,2
Wholesale Price Index 115,2 0,2 8,7

Producer Price Indices 1949=100

  Index 2010:10 2010:09–2010:10, % 2009:10–2010:10, %
Production Price Index 1872 0,1 7,3
Export Price Index (fob) 1658 -0,1 7,1
Import Price Index (cif) 1510 -0,1 7,8
Wholesale Price Index 2038 0,2 8,7

Source: Producer Price Index 2010, October. Statistics Finland

Inquiries: Toni Udd (09) 1734 3380, Jaana Hellman (09) 1734 2661, Marja Ikonen (09) 1734 3480, Merja Pokela (09) 1734 3283, thi.tilastokeskus@tilastokeskus.fi

Director in charge: Kari Molnar

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Updated 17.11.2010

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. October 2010. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/thi/2010/10/thi_2010_10_2010-11-17_tie_001_en.html