The producer price index (PPI) increased by 2.2% between June and July 2017. Prices of marine products increased by 3.8% (effect on the index 1.1%), prices of power intensive industry products increased by 2.0% (0.6%), prices for other industry increased by 1.8% (0.4%) and food prices increased by 0.5% (0.1%).
Compared with July 2016, the PPI has decreased by 7.8%. Thereof prices of marine products have decreased by 8.7% and other industry decreased by 20.5%. Prices of power intensive industry products is unchanged but and prices of food decreased by 2.4% in the same period. When taken into consideration if the products are exported or sold domestically, exported products have decreased in price by 6.5% in one year, but products sold domestically have decreased by 10.2%.
Changes, effects on the index and index level for subgroups are shown in the table below.
| Producer Price Index in July 2017 | ||||
| Monthly changes | ||||
| Index | Effect on | Annual | ||
| 4. quarter 2005 = 100 | % | index % | changes % | |
| Producer Price Index (PPI) | 184.6 | 2.2 | 2.2 | -7.8 |
| By industries | ||||
| Marine products | 235.0 | 3.8 | 1.1 | -8.7 |
| Power intensive industry products | 177.1 | 2.0 | 0.6 | 0.0 |
| Food production | 173.1 | 0.5 | 0.1 | -2.4 |
| Other manufacturing industry | 141.1 | 1.8 | 0.4 | -20.5 |
| By markets | ||||
| Domestic sales | 162.7 | 1.7 | 0.6 | -10.2 |
| Exported products | 197.2 | 2.5 | 1.6 | -6.5 |
