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Published: 18 April 2011

Producer prices for services went up by 1.8 per cent in January-March

According to Statistics Finland, producer prices for services went up by 1.8 per cent in the first quarter of 2011 from the corresponding quarter of the year before.

Producer price index for services 2005=100 (TOL 2008), Q1/2005–Q1/2011

Producer price index for services 2005=100 (TOL 2008), Q1/2005–Q1/2011

The rise in producer prices for services was mostly due to higher prices of goods transport by road and increases in the rents of office and business premises compared to the year before. The rise in prices was curbed most by decreases in the prices of telecommunications.

From fourth to first quarter producer prices for services went up by 1.0 per cent. This was mainly due to higher prices of goods transport by road.

Producer price index for services 2005=100 (TOL 2008), 1st quarter 2011

Industry Point figure Quarterly change,% Yearly change,%
Total index (TOL 2008) 115.8 1.0 1.8
H Transportation and storage 120.2 2.5 3.8
I Accommodation and food service activities 108.9 2.9 4.2
J Information and communication 101.3 0.2 -0.6
L Real estate activities 116.7 0.0 3.4
M Professional, scientific and technical activities 122.8 0.3 0.6
N Administrative and support service activities 118.2 1.9 3.1
S Other service activities 102.0 3.0 -0.2

Producer price indices for services describe the price development in business services provided by enterprises to other enterprises and the public sector. The total index currently covers about half of the market services.


Source: Producer Price Index for Services 2011, 1st quarter. Statistics Finland

Inquiries: Elina Pääkkö (09) 1734 3725, pthi.tilastokeskus@stat.fi

Director in charge: Kari Molnar

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Updated 18.4.2011

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 1st quarter 2011. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/pthi/2011/01/pthi_2011_01_2011-04-18_tie_001_en.html