The producer price index (PPI) increased by 0.3% between November and December 2017. Prices of marine products increased by 1.9% (effect on the index 0.5%) while prices of power intensive industry products decreased by 0.7% (-0.2%).
The PPI has increased by 2.4% from December 2016 to December 2017. Thereof prices of marine products have increased by 3.8% while other industry decreased by 8.9%. Prices of power intensive industry products have increased by 11.5% but prices of food decreased by 0.7% in the same period. Exported products increased by 6.1% in one year, while products sold domestically decreased by 4.3%.
Changes, effects on the index and index level for subgroups are shown in the table below.
Producer Price Index in December 2017 | ||||
Monthly changes | ||||
Index | Effect on | Annual | ||
4. quarter 2005 = 100 | % | index % | changes % | |
Producer Price Index (PPI) | 194.2 | 0.3 | 0.3 | 2.4 |
By industries | ||||
Marine products | 246.3 | 1.9 | 0.5 | 3.8 |
Power intensive industry products | 196.6 | -0.7 | -0.2 | 11.5 |
Food production | 173.2 | 0.2 | 0.0 | -0.7 |
Other manufacturing industry | 143.8 | 0.1 | 0.0 | -8.9 |
By markets | ||||
Domestic sales | 165.0 | 0.1 | 0.0 | -4.3 |
Exported products | 211.7 | 0.5 | 0.3 | 6.1 |