The producer price index (PPI) decreased by 1.4% between January and February 2017. Prices of marine products decreased by 3.9% (effect on the index -1.2%), prices for other industry decreased by 1.7% (-0.4%) and prices of food decreased by 0.4% (-0.1%). Prices of power intensive industry products increased by 0.6% (0.2).
Compared with February 2016, the PPI has decreased by 5.5%. Thereof prices of marine products have decreased by 11.0% and other industry decreased by 13.1%. When taken into consideration if the products are exported or sold domestically, exported products have decreased in price by 6.4% over one year, but products sold domestically have decreased by 3.3%.
Changes, effects on the index and index level for subgroups are shown in the table below.
| Producer Price Index in February 2017 | ||||
| Monthly changes | ||||
| Index | Effect on | Annual | ||
| 4. quarter 2005 = 100 | % | index % | changes % | |
| Producer Price Index (PPI) | 188.3 | -1.4 | -1.4 | -5.5 |
| By industries: | ||||
| Marine products | 234.9 | -3.9 | -1.2 | -11.0 |
| Power intensive industry products | 180.1 | 0.6 | 0.2 | 2.8 |
| Food production | 173.1 | -0.4 | -0.1 | 0.0 |
| Other manufacturing industry | 151.4 | -1.7 | -0.4 | -13.1 |
| By markets: | ||||
| Domestic sales | 170.2 | -0.3 | -0.1 | -3.3 |
| Exported products | 198.8 | -1.9 | -1.3 | -6.4 |
