The producer price index (PPI) decreased by 0.3% between November and December 2016. Prices for power intensive industry products increased by 3.6% (Effect on the index 1.1%) while prices for other industry decreased by 5% (-1.1%). Prices of food decreased by 1% (-0.2%) and prices of marine products decreased by 0.4% (-0.1%).

Compared with December 2015, the PPI has decreased by 6.1%. Thereof prices of marine products have decreased by 11.9% and other industry decreased by 11.0%. When taken into consideration if the products are exported or sold domestically, exported products have decreased in price by 7.3% over one year, but products sold domestically have decreased by 3.2%.

Changes, effects on the index and index level for subgroups are shown in the table below.

Producer Price Index in December 2016
    Monthly changes  
  Index   Effect on Annual
  4. quarter 2005 = 100  %  index % changes %
         
Producer Price Index (PPI) 189.6 -0.3 -0.3 -6.1
By industries:        
Marine products 237.3 -0.4 -0.1 -11.9
Power intensive industry products 176.3 3.6 1.1 -0.3
Food production 174.4 -1.0 -0.2 0.7
Other manufacturing industry 158.0 -5.0 -1.1 -11.0
         
By markets:        
Domestic sales 172.5 -1.7 -0.6 -3.2
Exported products 199.6 0.4 0.3 -7.3

 

Statistics