The producer price index (PPI) in July 2008 was 156.7 points (4. quarter 2005 = 100), 2.4% higher than in the previous month. The PPI for fish products was 172.7 points which is 0.3% lower than in June (effect on the index -0.1%) and the PPI for power intensive industry products was 198.8 points, 1.9% higher (0.5%). The PPI for food products was 0.4% higher than in June (0.1%) and the PPI for other manufactured products increased 8.1% (2.0%).
The PPI for domestically sold products was 3.1% higher than in the previous month
(1.1%) while the index for exported products increased 2.0% (1.3%).
From July 2007 the PPI has increased 35.7%. The PPI for fish products has increased 44.3% and the PPI for power intensive industry products has risen 48.3%. In the same period the PPI for food products rose 14.4%.
Monthly changes (%) | ||||||
Marine | Power intensive | Food | Domestic | Exported | ||
PPI | products | industry products | production | sales | products | |
2007 | ||||||
July | -2.3 | 0.0 | -6.5 | 0.1 | -1.1 | -3.0 |
August | 4.8 | 5.7 | 9.1 | -0.1 | 0.7 | 7.3 |
September | -1.8 | 0.8 | -8.3 | 0.9 | 0.0 | -2.8 |
October | -2.5 | -1.9 | -7.8 | 0.6 | -0.1 | -4.0 |
November | 1.0 | 2.7 | 2.3 | 1.0 | -1.1 | 2.3 |
December | 2.2 | 2.0 | 4.6 | 0.1 | 0.5 | 3.2 |
2008 | ||||||
January | 2.0 | 3.1 | -0.8 | 1.4 | 2.9 | 1.5 |
February | 3.1 | 3.1 | 6.0 | 0.6 | 1.4 | 4.1 |
March | 9.2 | 12.6 | 20.8 | 1.0 | -0.9 | 15.1 |
April | 6.3 | 3.2 | 11.7 | 6.3 | 6.7 | 6.1 |
May | 1.1 | -0.4 | 0.4 | 1.4 | 2.5 | 0.4 |
June | 3.7 | 7.4 | 3.4 | 0.2 | 0.4 | 5.6 |
July | 2.4 | -0.3 | 1.9 | 0.4 | 3.1 | 2.0 |
Annual changes (%) | ||||||
Marine | Power intensive | Food | Domestic | Exported | ||
PPI | products | industry products | production | sales | products | |
2007 | ||||||
July | -6.5 | -6.8 | -10.2 | 2.2 | 0.9 | -10.7 |
August | 0.2 | 1.0 | 2.1 | 2.2 | 1.7 | -0.9 |
September | -1.6 | 0.0 | -4.2 | 3.3 | 2.0 | -4.0 |
October | -3.0 | -0.3 | -10.0 | 4.0 | 1.7 | -6.0 |
November | -4.6 | -0.8 | -14.3 | 5.2 | 0.7 | -7.8 |
December | -4.2 | 0.7 | -12.6 | 3.6 | -0.2 | -6.6 |
2008 | ||||||
January | -3.1 | 3.4 | -16.8 | 4.3 | 2.5 | -6.4 |
February | 3.1 | 10.5 | -8.4 | 4.1 | 4.2 | 2.4 |
March | 12.5 | 24.8 | 10.3 | 5.6 | 2.5 | 18.3 |
April | 20.3 | 28.3 | 27.8 | 12.1 | 9.2 | 26.6 |
May | 24.7 | 33.4 | 29.9 | 13.7 | 12.5 | 31.7 |
June | 29.5 | 44.7 | 36.1 | 14.1 | 12.0 | 40.1 |
July | 35.7 | 44.3 | 48.3 | 14.4 | 16.8 | 47.4 |
In evaluating the price changes accounted for here, it may be taken into consideration that the trade-weighted average price of foreign exchange in July 2008 was 0.2% higher than in the preceding month and 42.9% higher than in July 2007.