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Higher prices of refined petroleum products
statistikk
2003-02-10T10:00:00.000Z
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
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Producer price index, 15 January 2003

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Higher prices of refined petroleum products

Manufacturing prices increased by 0.6 per cent from December to January. The development was mainly due to higher prices of refined petroleum products and chemicals.

Prices of refined petroleum products went up 8.5 per cent from December 2002 to January 2003. According to the London Spot Market's - prices of unleaded gasoline and heavy fuel went up 8.8 and 27.5 per cent respectively. Chemical products went up nearly 1 per cent. Prices of wood and wood products and food products counteracted this rise with a 2.6 and 0.8 decrease respectively.

According to the main industrial groupings prices of consumer goods decreased by 0.7 per cent, while energy goods increased by 6.8 per cent.

In the domestic market manufacturing prices showed a 0.1 per cent increase. This development was mainly due to a more moderate increase in refined oil on the domestic market. Prices of food products decreased by 0.9 per cent, while electrical and optical equipments decreased by 1.5 per cent.

12-month rate, January 2002 - January 2003

Manufacturing prices increased by 0.2 per cent compared with January 2002. This development was mainly due to an increase of 22.4 per cent in refined petroleum products, but a decrease of 10.5 per cent in basic metals counteracted the price rise of refined petroleum products. Prices of food products and pulp, paper and paper products also showed a decline.

According to the main industrial groupings prices of energy goods increased by 25.9 per cent, while intermediate goods decreased by 3.6 per cent.

Producer price index. 2000=100
  January 2003 Changes, per cent
  December 2002-January 2003 January 2002-January 2003
Total index 95.62 3.3 11.6
Oil and gas extraction 89.71 5.8 19.9
Manufacturing, mining and quarrying 97.78 0.6 0.2
Electricity, gas and steam supply  389.29 16.4  133.5