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Published: 26 March 2012

Producer prices for manufactured products rose by 2.2 per cent in February

According to Statistics Finland, producer prices for manufactured products rose by an average of 2.2 per cent from February 2011 to February 2012. Producer prices for manufactured products sold on the domestic market rose by 3.1 per cent, while the producer prices of export goods went up by 1.2 per cent.

Producer Price Index (PPI) 2010=100, 2010:01–2012:02

Producer Price Index (PPI) 2010=100, 2010:01–2012:02
The Export Price Index rose by 1.2 per cent and the Import Price Index by 4.5 per cent in the year. The Basic Price Index for Domestic Supply went up by 4.3 per cent and the year-on-year change in the Basic Price Index for Domestic Supply, including Taxes was 4.5 per cent.

The rise in the producer prices for manufactured products was particularly caused by increased prices of oil products, food and metals from February of the previous year. The rising of the prices was curbed above all by falls in the prices of electricity.

From January to February, producer prices for manufactured products rose by 1.2 per cent. The rising was mainly due to higher prices of electricity compared with the previous month.

Producer Price Indices 2010=100

  Index 2012:02 2012:01 - 2012:02, % 2011:02 - 2012:02, %
Producer Price Index, total 107.2 1.2 2.2
- Producer Price Index, domestic goods 108.8 1.7 3.1
- Producer Price Index, export goods 105.3 0.7 1.2
Export Price Index 105.5 0.7 1.2
Import Price Index 112.1 1.1 4.5
Basic Price Index for Domestic Supply 109.6 1.4 4.3
Basic Price Index for Domestic Supply, incl. taxes 111.0 1.4 4.5

Producer Price Indices 1949=100

  Index 2012:02 2012:01 - 2012:02, % 2011:02 - 2012:02, %
Production Price Index 1977 1.2 2.5
Export Price Index (fob) 1722 0.7 1.2
Import Price Index (cif) 1673 1.1 4.8
Wholesale Price Index 2232 1.4 4.1

Source: Producer Price Index 2012, February. Statistics Finland

Inquiries: Anna-Riikka Pitkänen 09 1734 3466, Mervi Nyfors 09 1734 3480, Merja Pokela 09 1734 3283, Toni Udd 09 1734 3380, thi.tilastokeskus@stat.fi

Director in charge: Kari Molnar

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Updated 26.3.2012

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. February 2012. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/thi/2012/02/thi_2012_02_2012-03-26_tie_001_en.html