The producer price index (PPI) increased by 3.6% between April and May 2018. Prices of power intensive industry products increased by 11.8% (effect on the index 3.9%), the prices of marine products increased by 0.5% (0.1%), while other industry prices decreased by 1.9% (-0.4%).
The PPI has increased by 8.5% from May 2017 to May 2018. Thereof have prices of power intensive industry products increased by 19.9%, marine products increased by 8.2% and prices of food increased by 0.6% while other industry have decreased by 1.8% in the same period.
Exported products have increased by 12% in one year, while products sold domestically have increase by 2.2%.
Changes, effects on the index and index level for subgroups are shown in the table below.
Producer Price Index in May 2018 | ||||
Monthly changes | ||||
Index | Effect on | Annual | ||
4. quarter 2005 = 100 | % | index % | changes % | |
Producer Price Index (PPI) | 197.3 | 3.6 | 3.6 | 8.5 |
By industries | ||||
Marine products | 244.9 | 0.5 | 0.1 | 8.2 |
Power intensive industry products | 213.1 | 11.8 | 3.9 | 19.9 |
Food production | 173.6 | -0.2 | 0 | 0.6 |
Other manufacturing industry | 136.0 | -1.9 | -0.4 | -1.8 |
By markets | ||||
Domestic sales | 163.5 | -0.8 | -0.3 | 2.2 |
Exported products | 218.0 | 6.1 | 3.9 | 12.0 |