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 |
