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Published: 18 July 2011

Producer prices for manufactured products rose by 5.9 per cent in the year

According to Statistics Finland, producer prices for manufactured products rose by an average of 5.9 per cent from June 2010 to June 2011. Producer prices for manufactured products sold on the domestic market rose by 6.8 per cent, while the producer prices of export industries went up by 4.8 per cent.

Producer Price Index (PPI) 2005=100, 2005:01–2011:06

Producer Price Index (PPI) 2005=100, 2005:01–2011:06
The export price index rose by 5.0 per cent and the import price index by 6.6 per cent in the year. The basic price index for domestic supply went up by 6.7 per cent and the year-on-year change in the wholesale price index was 8.8 per cent.

The rise in the producer prices for manufactured products was especially caused by increased prices of oil products, iron and steel, and chemicals from the previous year's June. The rising of the prices was curbed by falls in the prices of pulp and electronic appliances in particular.

From May to June, producer prices for manufactured products fell by 0.2 per cent. The fall was mainly due to decreased prices of oil products, paper and board products, and electricity from the previous month.

Producer Price Indices 2005=100

  Index 2011:06 2011:05 - 2011:06, % 2010:06 - 2011:06, %
Producer Price Index, total 114.8 -0.2 5.9
- Producer Price Index, domestic goods 126.4 -0.1 6.8
- Producer Price Index, export goods 103.4 -0.3 4.8
Export Price Index 103.9 -0.5 5.0
Import Price Index 117.6 0.0 6.6
Basic Price Index for Domestic Supply 122.1 0.2 6.7
Wholesale Price Index 122.9 0.2 8.8

Producer Price Indices 1949=100

  Index 2011:06 2011:05 - 2011:06, % 2010:06 - 2011:06, %
Production Price Index 1955 -0.2 5.9
Export Price Index (fob) 1727 -0.5 5.0
Import Price Index (cif) 1607 0.0 6.6
Wholesale Price Index 2173 0.2 8.8

Source: Producer Price Index 2011, June. Statistics Finland

Inquiries: Toni Udd (09) 1734 3380, Anna-Riikka Pitkänen (09) 1734 3466, Marja Ikonen (09) 1734 3480, Merja Pokela (09) 1734 3283, Matti Suoniemi (09) 1734 3294, thi.tilastokeskus@tilastokeskus.fi

Director in charge: Kari Molnar

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Updated 18.7.2011

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. June 2011. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/thi/2011/06/thi_2011_06_2011-07-18_tie_001_en.html