Monday 12/6/21
BUSINESS

Finland producer price inflation accelerates in September

Producer prices increased 19.1 per cent year-on-year in September
HANDOUT - 21 October 2021, Belgium, Brussels: Sanna Marin Prime Minister of Finland arrives for the first day of a European Union summit at The European Council. Photo: Alexandros Michailidis/European Council/dpa - ATTENTION: editorial use only and only if the credit mentioned above is referenced in full
Finnish Prime Minister Sanna marin arrives for the first day of a EU summit at The European Council. Photo: Alexandros Michailidis/EU Council.

Finland's producer price inflation increased in September, data from Statistics Finland showed on Monday.

Producer prices increased 19.1 per cent year-on-year in September, after a 15.5 per cent rise in August.

The increase in the producer prices for manufactured products was particularly attributable to higher prices of oil products, basic metals and timber from September last year.

Import prices grew 18.6 per cent annually in September and export prices rose by 20.9 per cent.

On a month-on-month basis, producer prices rose 2.3 per cent in September, following a 1.4 per cent increase in the prior month.

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