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Home BUSINESSProducer prices for manufactured goods fall
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Tue, 24 Dec, 2013 12:03:10 AM
FTimes Report, December 24
 
Producer Price Index (PPI) 2010=100, 2010:01–2013:11. Source: Statistics Finland
Producer prices for manufactured products fell by an average of 0.9% from November 2012 to November 2013, according to the Statistics Finland.
 
Producer prices for manufactured products sold on the domestic market remained unchanged, while the producer prices of export products went down by 2%. 
 
Producer prices for manufactured products went down, especially because of reductions in the prices of oil products, manufacturing of basic metals, chemicals and chemical products from last year's November, according to the statistics. 
 
The Export Price Index fell by 2.1% and the Import Price Index by 3.3% in the year. 
 
The Basic Price Index for Domestic Supply went down by 0.9%, while the Basic Price Index for Domestic Supply including taxes went up by 0.1%, the data says. 
 
The falling of the prices was curbed particularly by higher prices of machinery and equipment and electrical appliances.   
 
 

Producer Price Indices 2010=100

  Index 2013:11 2013:10 - 2013:11, % 2012:11 - 2013:11, %
Producer Price Index, total 105.9 -0.3 -0.9
- Producer Price Index, domestic goods 108.7 -0.5 0.0
- Producer Price Index, export goods 102.4 0.0 -2.0
Export Price Index 102.6 -0.1 -2.1
Import Price Index 107.1 -0.2 -3.3
Basic Price Index for Domestic Supply 108.9 -0.3 -0.9
Basic Price Index for Domestic Supply, incl. taxes 111.3 -0.3 0.1

Producer Price Indices 1949=100

  Index 2013:11 2013:10 - 2013:11, % 2012:11 - 2013:11, %
Production Price Index 1951 -0.3 -0.9
Export Price Index (fob) 1674 -0.1 -2.1
Import Price Index (cif) 1598 -0.2 -3.3
Wholesale Price Index 2239 -0.3 0.1

Source: Producer Price Index 2013, November. Statistics Finland

 

 
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