The producer price index (PPI) decreased by 3.6% between April and May 2017. Prices of marine products decreased by 4.2% (effect on the index -1.2%), prices of power intensive industry products decreased by 5.8% (-1.8%), prices for other industry decreased by 2.9% (-0.6%) and prices of food increased by 0.1% (0.0%).
Compared with May 2016, the PPI has decreased by 9.7%. Thereof prices of marine products have decreased by 13.7% and other industry decreased by 22.2%. Prices of power intensive industry products decreased by 0.2%. When taken into consideration if the products are exported or sold domestically, exported products have decreased in price by 8.8% over one year, but products sold domestically have decreased by 11.4%.
Changes, effects on the index and index level for subgroups are shown in the table below.
| Producer Price Index in May 2017 | ||||
| Monthly changes | ||||
| Index | Effect on | Annual | ||
| 4. quarter 2005 = 100 | % | index % | changes % | |
| Producer Price Index (PPI) | 181.9 | -3.6 | -3.6 | -9.7 |
| By industries: | ||||
| Marine products | 226.2 | -4.2 | -1.2 | -13.7 |
| Power intensive industry products | 177.7 | -5.8 | -1.8 | -0.2 |
| Food production | 172.6 | 0.1 | 0.0 | -2.0 |
| Other manufacturing industry | 138.5 | -2.9 | -0.6 | -22.2 |
| By markets: | ||||
| Domestic sales | 160.0 | -2.9 | -1.0 | -11.4 |
| Exported products | 194.6 | -4.0 | -2.6 | -8.8 |
