The producer price index (PPI) increased by 1.4% between March and April 2017. Prices of marine products increased by 3.9% (effect on the index 1.2%), prices of power intensive industry products increased by 2.8% (0.9%), prices for other industry decreased by 2.9% (-0.6%) and prices of food decreased by 0.1% (0.0%).
Compared with April 2016, the PPI has decreased by 5.4%. Thereof prices of marine products have decreased by 9.2% and other industry decreased by 19.4%. Prices of power intensive industry products increased by 7.8%. When taken into consideration if the products are exported or sold domestically, exported products have decreased in price by 3.9% over one year, but products sold domestically have decreased by 8.4%.
Changes, effects on the index and index level for subgroups are shown in the table below.
Producer Price Index in April 2017 | ||||
Monthly changes | ||||
Index | Effect on | Annual | ||
4. quarter 2005 = 100 | % | index % | changes % | |
Producer Price Index (PPI) | 188.7 | 1.4 | 1.4 | -5.4 |
By industries: | ||||
Marine products | 236.0 | 3.9 | 1.2 | -9.2 |
Power intensive industry products | 188.5 | 2.8 | 0.9 | 7.8 |
Food production | 172.4 | -0.1 | 0.0 | -2.2 |
Other manufacturing industry | 142.5 | -2.9 | -0.6 | -19.4 |
By markets: | ||||
Domestic sales | 164.7 | -1.6 | -0.5 | -8.4 |
Exported products | 202.6 | 2.9 | 1.9 | -3.9 |