|Unit||Index 2015=100, NSA|
|Adjustments||Not Seasonally Adjusted|
The producer price indices measure the development of commodity prices from the perspective of enterprises. The producer price indices comprise five separately produced indices, which measure price development differently because the used price concepts and the covered industries vary by index.
The producer price indices comprise the following five indices:
The coverage of industries and the applied price concept vary somewhat by index. All data collected for the producer price indices are confidential.
The producer price index for manufactured goods measures average changes in the prices of goods sold by domestic producers. The index includes both goods sold at home and exported goods. The price used for goods intended for the domestic market is the so-called factory price exclusive of taxes. The price of export goods is the price obtained by the exported, which is usually the same as the f.o.b. (free on board) price of the exports. The produce price index for manufactured goods covers industries C to E, i.e. commodities from minerals to electricity, gas and water.
The export price index measures developments in the f.o.b. prices of export goods. Foreign-currency export prices are converted into euro according to the mid-month rate of the statistical reference month. The export price index covers the commodities of industries A to E, i.e. those from agricultural products to electricity, gas and water.
The import price index measures developments in the c.i.f. (cost, insurance and freight) prices of import goods. Foreign-currency import prices are converted into euro according to the mid-month rate of the statistical reference month. The import price index covers the commodities of industries A to E, i.e. those from agricultural products to electricity, gas and water.
The basic price index for domestic supply measures developments in the prices of goods used in Finland as they first enter the market. The index includes both domestic and imported goods. The price for domestic goods is the factory price exclusive of taxes. The price for imported goods is the c.i.f. of the imports plus customs duties. The basic price index for domestic supply covers industries A to F, i.e. commodities from agricultural products to construction.
The wholesale price index measures development in the purchase prices inclusive of taxes of goods used in Finland. The index includes both domestic and imported goods. The wholesale price index includes the value-added tax and other indirect taxes. Besides the value-added tax, indirect taxes include diverse excise taxes, and the motor car and motor cycle tax. The wholesale price for domestic goods comprises the factory price, value-added tax and other indirect taxes. The wholesale price of imported goods comprises the c.i.f. price of imports, customs duties, value added tax and other indirect taxes. The wholesale price index covers industries A to E, i.e. commodities from agricultural products to electricity, gas and water.
Concepts and Definitions:
Producer price indices have been revised and their base years have been changed to 2005. The weight structures of the producer price indices have been revised, the enterprise and commodity samples have been updated and the volume of price data has been increased considerably. The revised standard industrial classification, TOL 2008, was also introduced in connection with the periodic review.
The introduction of the revised industrial classification means i.a. at the main industry level that fishing has been combined with agriculture and forestry into industry A, electricity and gas supply have been combined with steam and air conditioning supply into industry D and water supply has been combined with sewerage, waste management and remediation into industry E. More detailed information about TOL 2008, including its contents and classification principles, is available under Classifications on Statistics Finland Internet pages at http://tilastokeskus.fi/meta/luokitukset/index_en.html
All publishable point figures according to the revised standard industrial classification and the base year are available in Statistics Finland's StatFin database. For the time being, producer price indices according to the old industrial classification, TOL 2002, and with base year 2000=100 will also be published in the StatFin database. However, the division to domestic and imported goods for the basic price index for domestic supply and the wholesale price index with base year 2000=100, and the division to domestic and exported goods for the producer price index for manufacturing, will no longer be available.