84936_not-searchable
/en/priser-og-prisindekser/statistikker/ppi/arkiv
84936
Lower producer prices
statistikk
2012-05-10T10:00:00.000Z
Prices and price indices;National accounts and business cycles;Energy and manufacturing
en
ppi, Producer price index, price trends, inflation, domestic market, export market, economic indicator, intermediate goods, energy goods, consumables, capital goods, metal-working industry, food industry, oil refining, machine industry, mining, metal prices (for example gold, aluminium, copper)Producer and wholesale price indices, Energy , Oil and gas , Business cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Prices and price indices, Energy and manufacturing
false

Producer price index, 15 April 2012

Content

Published:

This is an archived release.

Go to latest release

Lower producer prices

The Producer price index (PPI) decreased by 1.6 per cent from March to April 2012. The main reason was lower prices within extraction and related services.

Price development for selected industries. 2000=100

The Producer price index decreased by 1.6 per cent form March to April 2012. In addition to 4 per cent lower prices within extraction and related services, another important reason for the decline in PPI was a fall in prices of basic metals. Prices of refined petroleum, chemical and pharmaceutical products, on the other hand, were 2.1 per cent higher in April than in March.

A decrease of 4.3 per cent in prices within extraction of oil and natural gas was the main reason that prices of extraction and related services declined. Both oil and gas prices fell from March to April. Prices of basic metals fell 1.4 per cent, mainly because of 1.9 per cent lower prices of non-ferrous metals.

The strongest contributions to dampening the decline in the PPI from March to April 2012 were a 1.8 per cent rise in prices of refined petroleum products and 2.6 per cent higher prices of chemical and pharmaceutical products.

Twelve-month change: Prices up 2.5 per cent

The PPI increased 2.5 per cent from April 2011 to April 2012. The main reason for this was higher prices within extraction of oil and natural gas as well as refined petroleum products. Lower prices of both electricity and basic metals played an important part in dampening the twelve-month growth in PPI. Here prices decreased 28.6 and 12.7 per cent respectively.

From March to April 2012, the twelve-month change in PPI declined 4.1 percentage points. This was largely due to a decline of 11 percentage points in the twelve-month growth of prices within extraction of oil and natural gas, from 18.3 per cent in March to 7.3 per cent in April.

Producer price index. 2000=100
  April 2012 Changes, per cent
      March 2012-
April 2012 		    April 2011-
April 2012
Total index  251.7 -1.6 2.5
       
Extraction and related services  395.3 -4.0 6.6
Manufacturing, mining and quarrying  160.4 0.6 1.2
Electricity, gas and steam supply  233.6 0.6 -28.6
       
Main industrial groupings      
Intermediate goods  143.3 -0.3 -3.0
Investment goods  128.6 0.5 1.7
Consumer goods  134.1 0.0 2.3
Energy goods  373.1 -2.8 4.9

For information on the commodity price index for the industrial sectors, see commodity price index for the industrial sector .