The producer price index (PPI) increased by 0.8% between December 2016 and January 2017. Prices for power intensive industry products increased by 1.5% (Effect on the index 0.5%) while prices for other industry decreased by 2.5% (-0.5%). Prices of food decreased by 0.3% (-0.1%) and prices of marine products increased by 2.9% (0.9%).

Compared with January 2016, the PPI has decreased by 5.3%. Thereof prices of marine products have decreased by 8.0% and other industry decreased by 12.2%. When taken into consideration if the products are exported or sold domestically, exported products have decreased in price by 6.0% over one year, but products sold domestically have decreased by 3.5%.

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

Producer Price Index in January 2017
    Monthly changes  
  Index   Effect on Annual
  4. quarter 2005 = 100  %  index % changes %
         
Producer Price Index (PPI) 191.1 0.8 0.8 -5.3
By industries:        
Marine products 244.3 2.9 0.9 -8.0
Power intensive industry products 178.9 1.5 0.5 -0.5
Food production 173.8 -0.3 -0.1 0.2
Other manufacturing industry 154.0 -2.5 -0.5 -12.2
         
By markets:        
Domestic sales 170.8 -1.0 -0.3 -3.5
Exported products 202.8 1.6 1.1 -6.0

Statistics