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Home BUSINESSManufactured products price falls 1.8%
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Wed, 25 Mar, 2015 12:02:55 AM
FTimes Report, Mar 25
 
Producer Price Index (PPI) 2010=100, 1/2010–2/2015. Source: Producer Price Index 2015, February. Statistics Finland.
Producer prices for manufactured products fell by an average of 1.8 per cent in February 2015 from February last year, according to Statistics Finland’s data.
 
The producer prices for manufactured products sold on the domestic market went down by 2.3 per cent, while the producer prices of export products fell by 1.1 per cent.
 
Producer prices for manufactured products went down especially due to reductions in the prices of oil products, electricity, chemicals and chemical products from last year's February.
 
The fall in producer prices was slowed down especially by higher prices of paper and paper board products.
 
The export price index fell by 1.2 per cent and the import price index by 5.3 per cent in the year.
 
The Basic Price Index for Domestic Supply went down by 3.0 per cent while the Basic Price Index for Domestic Supply including taxes fell by 2.5 per cent.
 
Export prices were in particular depressed by the falling prices of oil products from February 2014.
 
The fall in the prices was particularly curbed by risen prices of basic precious metals and other non-ferrous metals, according to the statistics.
 
From January to February, producer prices for manufactured goods went up by 1.0 per cent. The rise was mainly due to increased prices of oil products from the previous month.
 
Producer Price Indices 2010=100, February 2015

 

  Index Monthly change, % Annual change, %
Producer Price Index, total 104.0 1.0 -1.8
- Producer Price Index, domestic goods 106.4 1.1 -2.3
- Producer Price Index, export goods 101.1 1.0 -1.1
Export Price Index 101.2 1.0 -1.2
Import Price Index 101.5 1.9 -5.3
Basic Price Index for Domestic Supply 105.7 1.1 -3.0
Basic Price Index for Domestic Supply, incl. taxes 108.8 1.1 -2.5

Producer Price Indices 1949=100, February 2015

  Index Monthly change, % Annual change, %
Production Price Index 1917 1.0 -1.8
Export Price Index 1652 1.0 -1.2
Import Price Index 1514 1.9 -5.3
Wholesale Price Index 2188 1.1 -2.5

Source: Producer Price Index 2015, February. Statistics Finland.

 
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