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Tue, 27 Sep, 2016 12:03:11 AM FTimes Report, Sep 27  Producer Price Index (PPI) 2010=100, 1/2010–8/2016. Source: Producer Price Index 2016, August. Statistics Finland. Producer prices for manufactured products fell by an average of 2.6 per cent from August 2015 to August 2016, according to Statistics Finland.
The producer prices for manufactured products sold on the domestic market went down by 2.2 per cent, while the producer prices of export products fell by 3.2 per cent.
The fall in the producer prices for manufactured products was particularly caused by reductions in the prices of oil products, manufacturing of basic metals and chemicals and chemical products from August 2015.
The fall in producer prices was slowed down especially by higher prices of paper and paper board products and machinery and equipment, the statistics show.
The export price index fell by 3.2 per cent and the import price index by 2.7 per cent in the year.
The Basic Price Index for Domestic Supply went down by 1.2 per cent while the index including taxes fell by 0.7 per cent.
Export prices were in particular depressed by the falling prices of oil products and manufacturing of basic metals from August 2015.
The fall in prices was slowed down especially by higher prices of paper and paper board products. The fall in import prices was in turn especially caused by lower prices of chemicals and chemical products and oil products compared with the previous year's August.
The fall in prices was slowed down, in particular, by higher prices of motor vehicles.
From July to August, producer prices for manufactured products went up by 0.1 per cent. The rise was mainly due to increased prices of electricity from the previous month.
Producer Price Indices 2010=100, August 2016
Producer Price Indices 1949=100, August 2016
Source: Producer Price Index 2016, August. Statistics Finland. More News
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| Friday, 19 April, 2024 |
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