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Home BUSINESSProducer costs for manufactured products falls
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Tue, 26 May, 2015 12:04:46 AM
FTimes Report, May 26
 
Producer Price Index (PPI) 2010=100, 1/2010–4/2015. Source: Producer Price Index 2015, April. Statistics Finland.
The producer prices for manufactured products went down by an average 0.3 per cent in April 2015 compared to April 2014, according to Statistics Finland.
 
The prices for manufactured products sold on the domestic market declined by 0.9 per cent, while the producer prices of export products went up by 0.5 per cent.
 
It went down especially due to reductions in the prices of oil products and food from the previous year's April. 
 
The fall in producer prices was slowed down especially by higher prices of paper and paper board products.
 
The Export Price Index rose by 0.6 per cent and the Import Price Index fell by 3.6 per cent in the year. 
 
The Basic Price Index for Domestic Supply went down by 1.9 per cent. The Basic Price Index for Domestic Supply including taxes fell by 1.4 per cent.
 
Export prices rose particularly because of increased prices of paper and paper board products and of manufacturing of basic metals from the previous year's April. 
 
The rising of the prices was curbed above all by falls in the prices of oil products. The fall in import prices was especially due to lower prices of oil products compared with last year's April. The fall in prices was slowed down, in particular, by higher prices of electronic appliances.
 
From March to April, producer prices for manufactured products went up by 0.5 per cent. The rise was mainly due to increased prices of oil products from the previous month.
 

Producer Price Indices 2010=100, April 2015

 

  Index Monthly change, % Annual change, %
Producer Price Index, total 105.1 0.5 -0.3
- Producer Price Index, domestic goods 107.0 0.2 -0.9
- Producer Price Index, export goods 102.7 0.9 0.5
Export Price Index 102.9 0.9 0.6
Import Price Index 103.0 1.1 -3.6
Basic Price Index for Domestic Supply 106.5 0.4 -1.9
Basic Price Index for Domestic Supply, incl. taxes 109.5 0.4 -1.4

Producer Price Indices 1949=100, April 2015

 

  Index Monthly change, % Annual change, %
Production Price Index 1937 0.5 -0.3
Export Price Index 1679 0.9 0.6
Import Price Index 1538 1.1 -3.6
Wholesale Price Index 2203 0.4 -1.4

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

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