The producer price index (PPI) decreased by 0.9% between October and November 2016. Prices of marine products decreased by 2.6% and had the most downward effect on the index. However, prices for power intensive industry products increased by 2.3%.
Compared with November 2015, the PPI has decreased by 7.0%. Thereof prices of marine products have decreased by 10.4% and power intensive industry products by 8.1%. When taken into consideration if the products are exported or sold domestically, exported products have decreased in price by 8.9% over one year but products sold domestically by 2.4%.
Changes, effects on the index and index level for subgroups are shown in the table below.
Producer Price Index in November 2016 | ||||
Monthly changes | ||||
Index | Effect on | Annual | ||
4. quarter 2005 = 100 | % | index % | changes % | |
Producer Price Index (PPI) | 190.1 | -0.9 | -0.9 | -7.0 |
By industries: | ||||
Marine products | 238.3 | -2.6 | -0.8 | -10.4 |
Power intensive industry products | 170.1 | 2.3 | 0.7 | -8.1 |
Food production | 176.2 | -0.4 | -0.1 | 2.4 |
Other manufacturing industry | 166.2 | -3.4 | -0.7 | -7.1 |
By markets: | ||||
Domestic sales | 175.5 | -1.3 | -0.4 | -2.4 |
Exported products | 198.8 | -0.7 | -0.5 | -8.9 |