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Latest publication: Producer price indices 2018, September

Published: 24 August 2018

Producer prices for manufactured products grew by 6.1 per cent from July last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 6.1 per cent from July 2017 to July 2018. Producer prices for manufactured products sold on the domestic market rose by 4.8 per cent, while the producer prices of export products went up by 7.8 per cent.

Producer Price Index (PPI) 2015=100, 1/2015–7/2018

Producer Price Index (PPI) 2015=100, 1/2015–7/2018
The increase in the producer prices for manufactured goods was particularly attributable to risen prices of oil products, pulp, paper, paperboard and cardboard, and electricity from July 2017.

The Export Price Index rose by 7.7 per cent and the Import Price Index by 8.1 per cent in the year. The Basic Price Index for Domestic Supply went up by 6.0 per cent. The Basic Price Index for Domestic Supply including Taxes went up by 5.9 per cent.

Export prices were in particular boosted by higher prices of oil products, and pulp, paper, paperboard and cardboard from July last year. The rise in import prices was, in turn, especially caused by higher prices of oil products and waste compared with last year's July.

From June to July, producer prices for manufactured products rose by 0.4 per cent. The rise was mainly due to higher prices of electricity from the previous month.

Producer Price Indices 2015=100, July 2018

  Index Monthly change, % Annual change, %
Producer Price Index, total 106.7 0.4 6.1
- Producer Price Index, domestic goods 105.3 0.6 4.8
- Producer Price Index, export goods 108.4 0.2 7.8
Export Price Index 108.0 0.2 7.7
Import Price Index 110.8 0.2 8.1
Basic Price Index for Domestic Supply 107.6 0.4 6.0
Basic Price Index for Domestic Supply, incl. taxes 107.6 0.4 5.9

Producer Price Indices 1949=100, July 2018

  Index Monthly change, % Annual change, %
Production Price Index 2053 0.4 6.5
Export Price Index 1793 0.2 7.7
Import Price Index 1699 0.2 8.5
Wholesale Price Index 2381 0.4 6.2

Source: Producer Price Index 2018, July. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Mervi Nyfors 029 551 3480, Anna-Riikka Pitkänen 029 551 3466, thi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Updated 24.08.2018

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. July 2018. Helsinki: Statistics Finland [referred: 21.11.2018].
Access method: http://www.stat.fi/til/thi/2018/07/thi_2018_07_2018-08-24_tie_001_en.html