A more recent publication of this set of statistics is available.

Latest publication: Producer price indices 2019, June

Published: 27 February 2017

Producer prices for manufactured products grew by 3.9 per cent from January last year

According to Statistics Finland, producer prices for manufactured products rose by an average of 3.9 per cent from January 2016 to January 2017. Producer prices for manufactured products sold on the domestic market rose by 3.4 per cent, while the producer prices of export products went up by 4.5 per cent.

Producer Price Index (PPI) 2010=100, 1/2010–1/2017

Producer Price Index (PPI) 2010=100, 1/2010–1/2017
The rise in the producer prices for manufactured products was particularly caused by increased prices of oil products and manufacturing of basic metals from January 2016. The rising of the prices was curbed particularly by falls in the prices of paper and paper products, and electricity.

The Export Price Index rose by 4.4 per cent and the Import Price Index by 10.7 per cent in the year. The Basic Price Index for Domestic Supply went up by 5.2 per cent. The Basic Price Index for Domestic Supply including taxes went up by 4.8 per cent.

Export prices were boosted especially by higher prices of oil products and manufacturing of basic metals from the previous year's January. The rise in prices was curbed especially by lower prices of paper and paper board products. The rise in import prices was, in turn, especially caused by higher prices of oil products and metal ores compared with last year's January. The rising of the prices was curbed above all by falls in the prices of food.

From December 2016 to January 2017, producer prices for manufactured products rose by 0.8 per cent. The rise was mainly due to higher prices of manufacturing of basic metals compared with the previous month.

Producer Price Indices 2010=100, January 2017

  Index Monthly change, % Annual change, %
Producer Price Index, total 104.4 0.8 3.9
- Producer Price Index, domestic goods 106.7 0.8 3.4
- Producer Price Index, export goods 101.7 0.8 4.5
Export Price Index 101.7 0.8 4.4
Import Price Index 103.9 1.4 10.7
Basic Price Index for Domestic Supply 107.2 0.8 5.2
Basic Price Index for Domestic Supply, incl. taxes 110.5 0.8 4.8

Producer Price Indices 1949=100, January 2017

  Index Monthly change, % Annual change, %
Production Price Index 1925 0.8 3.9
Export Price Index 1660 0.8 4.4
Import Price Index 1550 1.4 10.7
Wholesale Price Index 2224 0.8 4.8

Source: Producer Price Index 2017, January. Statistics Finland

Inquiries: Anni Huuskonen 029 551 2992, Antti Kytönen 029 551 3475, Anna-Riikka Pitkänen 029 551 3466, thi.tilastokeskus@stat.fi

Director in charge: Ville Vertanen

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Updated 27.2.2017

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices [e-publication].
ISSN=1799-3695. January 2017. Helsinki: Statistics Finland [referred: 18.8.2019].
Access method: http://www.stat.fi/til/thi/2017/01/thi_2017_01_2017-02-27_tie_001_en.html