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Published: 17 February 2011

Producer prices for manufactured products rose by 7.2 per cent in the year

According to Statistics Finland, producer prices for manufactured products rose by an average of 7.2 per cent from January 2010 to January 2011. Producer prices for manufactured products sold on the domestic market rose by 7.3 per cent, while the producer prices of export industries went up by 7.2 per cent.

Producer Price Index (PPI) 2005=100, 2005:01–2011:01

Producer Price Index (PPI) 2005=100, 2005:01–2011:01
The export price index rose by 7.6 per cent and the import price index by 11.3 per cent in the year. The basic price index for domestic supply went up by 8.1 per cent and the year-on-year change in the wholesale price index was 10.7 per cent.

The rise in the producer prices for manufactured products was particularly caused by increased prices of metals, oil products and pulp from the previous year's January. The rising of the prices was curbed above all by falls in the prices of electronic products.

From December 2010 to January 2011, producer prices for manufactured products rose by 0.6 per cent. The rise was mainly caused by increases in the prices of oil products and chemicals.

Producer Price Indices 2005=100

  Index 2011:01 2010:12 - 2011:01, % 2010:01 - 2011:01, %
Producer Price Index, total 112.3 0.6 7.2
- Producer Price Index, domestic goods 123.3 0.3 7.3
- Producer Price Index, export goods 101.3 1.0 7.2
Export Price Index 101.9 1.0 7.6
Import Price Index 115.6 1.2 11.3
Basic Price Index for Domestic Supply 119.0 0.6 8.1
Wholesale Price Index 119.9 1.5 10.7

Producer Price Indices 1949=100

  Index 2011:01 2010:12 - 2011:01, % 2010:01 - 2011:01, %
Production Price Index 1911 0.6 7.2
Export Price Index (fob) 1693 1.0 7.6
Import Price Index (cif) 1580 1.2 11.3
Wholesale Price Index 2120 1.5 10.7

Source: Producer Price Index 2011, January. Statistics Finland

Inquiries: Toni Udd (09) 1734 3380, Anna-Riikka Pitkänen (09) 1734 3466, Marja Ikonen (09) 1734 3480, Merja Pokela (09) 1734 3283, thi.tilastokeskus@tilastokeskus.fi

Director in charge: Kari Molnar

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Updated 17.2.2011

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. January 2011. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/thi/2011/01/thi_2011_01_2011-02-17_tie_001_en.html