The producer price index (PPI) decreased by 1.2% between February and March 2017. Prices of marine products decreased by 3.3% (effect on the index -1.0%), prices for other industry decreased by 3.1% (-0.7%) and prices of food decreased by 0.3% (-0.1%). Prices of power intensive industry products increased by 1.8% (0.6%).
Compared with March 2016, the PPI has decreased by 7.1%. Thereof prices of marine products have decreased by 12.9% and other industry decreased by 15.7%. Prices of power intensive industry products increased by 2.2%. When taken into consideration if the products are exported or sold domestically, exported products have decreased in price by 7.8% over one year, but products sold domestically have decreased by 5.5%.
Changes, effects on the index and index level for subgroups are shown in the table below.
| Producer Price Index in March 2017 | ||||
| Monthly changes | ||||
| Index | Effect on | Annual | ||
| 4. quarter 2005 = 100 | % | index % | changes % | |
| Producer Price Index (PPI) | 186.1 | -1.2 | -1.2 | -7.1 |
| By industries: | ||||
| Marine products | 227.1 | -3.3 | -1.0 | -12.9 |
| Power intensive industry products | 183.3 | 1.8 | 0.6 | 2.2 |
| Food production | 172.6 | -0.3 | -0.1 | -0.9 |
| Other manufacturing industry | 146.8 | -3.1 | -0.7 | -15.7 |
| By markets: | ||||
| Domestic sales | 167.4 | -1.7 | -0.6 | -5.5 |
| Exported products | 197.0 | -0.9 | -0.6 | -7.8 |
