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Published: 24 April 2014

Producer prices for services went up by 1.0 per cent in January-March

According to Statistics Finland, producer prices for services went up by 1.0 per cent in the first quarter of 2014 from the corresponding quarter of the year before.

Producer Price Indices for Services 2010=100, Q1/2010–Q1/2014

Producer Price Indices for Services 2010=100, Q1/2010–Q1/2014

Producer prices for services were pushed up particularly by higher prices of postal activities under universal service obligation and of renting and leasing of construction and civil engineering machinery and equipment from one year ago. The increase in the total index was also affected by higher prices of software and related services and higher rents for office and business premises. The rise in the prices was held back by fallen prices of telecommunications and cargo handling, for example.

From fourth to first quarter producer prices for services went up by 0.6 percent.

Producer Price Indices for Services 2010=100, 1st quarter 2014

Industry Point figure Quarterly change,% Yearly change,%
Total index (TOL 2008) 106.8 0.6 1.0
H Transportation and storage 107.2 1.6 0.8
I Accommodation and food service activities 111.4 0.8 1.5
J Information and communication 103.7 0.4 0.6
L Real estate activities 110.2 0.2 1.6
M Professional, scientific and technical activities 104.1 0.0 0.3
N Administrative and support service activities 113.5 0.6 2.8
P Education 111.6 4.3 5.1
Q Human health and social work activities 113.2 2.4 2.6
R Arts, entertainment and recreation 113.8 2.4 3.9
S Other service activities 110.8 0.6 2.9

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 57 per cent of the market services.


Source: Producer Price Indices for Services 2014, 1st quarter. Statistics Finland

Inquiries: Susanna Tåg 09 1734 2991, Satu Sitkiä-Vikholm 09 1734 3424, Toni Udd 09 1734 3380, pthi.tilastokeskus@stat.fi

Director in charge: Leena Storgårds

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Updated 24.4.2014

Referencing instructions:

Official Statistics of Finland (OSF): Producer price indices for services [e-publication].
ISSN=1798-3940. 1st quarter 2014. Helsinki: Statistics Finland [referred: 23.4.2024].
Access method: http://www.stat.fi/til/pthi/2014/01/pthi_2014_01_2014-04-24_tie_001_en.html