The producer price index (PPI) in December 2009 was 192.9 points (4. quarter 2005 = 100), 1.9% higher than in the previous month. The PPI for fish products was 233.7 points which is 1.1% higher than in November 2009 (effect on the index 0.3%) and the PPI for power intensive industry products was 218.0 points, 4.2% higher (1.5%). The PPI for food products was unchanged from November and the PPI for other manufactured products rose by 0.5% (0.1%).
The PPI for domestically sold products was 0.2% lower than in the previous month while the index for exported products increased by 2.6% (1.9%).
Compared to December 2008 the PPI has increased by 5.4%. The PPI for fish products rose by 0.5% and the PPI for power intensive industry products has increased by 5.1%. In the same period the PPI for food products rose by 2.2%.
Monthly changes (%) | ||||||
Power | ||||||
intensive | ||||||
Marine | industry | Food | Domestic | Exported | ||
PPI | products | products | production | sales | products | |
2008 | ||||||
December | -7.1 | -6.4 | -18.5 | 2.8 | 2.1 | -11.7 |
2009 | ||||||
January | -7.3 | -5.4 | -17.0 | 0.2 | 0.1 | -11.0 |
February | -8.3 | -14.1 | -12.7 | -0.3 | 2.3 | -13.3 |
March | -1.6 | -1.0 | -5.2 | -0.2 | 0.2 | -2.4 |
April | 7.2 | 11.4 | 10.2 | 0.3 | -0.2 | 10.7 |
May | 2.4 | 3.7 | 5.0 | 0.2 | -0.5 | 3.7 |
June | 1.1 | 0.7 | 2.7 | 0.9 | 0.4 | 1.5 |
July | 3.5 | 1.4 | 7.6 | 0.5 | 1.2 | 4.4 |
August | 3.3 | 1.8 | 5.2 | 1.1 | 1.8 | 3.9 |
September | 2.7 | -2.0 | 12.1 | 0.2 | -0.7 | 4.1 |
October | 0.3 | 4.1 | -4.5 | -0.9 | 0.3 | 0.2 |
November | 1.2 | 0.9 | 2.0 | 0.2 | 0.7 | 1.4 |
Desember | 1.9 | 1.1 | 4.2 | 0.0 | -0.2 | 2.6 |
Annual changes (%) | ||||||
Power | ||||||
intensive | ||||||
Marine | industry | Food | Domestic | Exported | ||
PPI | products | products | production | sales | products | |
2008 | ||||||
December | 53.2 | 77.3 | 56.8 | 25.7 | 28.3 | 67.8 |
2009 | ||||||
January | 39.2 | 62.7 | 31.1 | 24.3 | 24.8 | 47.2 |
February | 23.8 | 35.5 | 8.0 | 23.2 | 25.9 | 22.6 |
March | 11.6 | 19.2 | -15.3 | 21.7 | 27.3 | 3.9 |
April | 12.5 | 28.6 | -16.5 | 14.8 | 19.1 | 8.4 |
May | 13.9 | 33.9 | -12.6 | 13.4 | 15.7 | 12.0 |
June | 11.0 | 25.6 | -13.3 | 14.2 | 15.7 | 7.6 |
July | 12.2 | 27.8 | -8.4 | 14.3 | 13.6 | 10.2 |
August | 13.8 | 29.9 | -10.6 | 14.9 | 15.3 | 11.4 |
September | 12.4 | 17.2 | -1.2 | 13.4 | 13.0 | 10.0 |
October | 0.0 | 1.4 | -17.7 | 8.6 | 10.1 | -6.4 |
November | -4.0 | -6.9 | -17.8 | 5.0 | 7.9 | -11.1 |
December | 5.4 | 0.5 | 5.1 | 2.2 | 5.6 | 3.3 |
The average of the PPI in 2009 was 174.5 points, 11.3% higher than in 2008. The equivalent rise between 2007 and 2008 was 31.0%.
In evaluating the price changes accounted for here, it may be taken into consideration that the trade-weighted average price of foreign exchange in December 2009 was 0.6% lower than in the preceding month whereas it was 9.7% higher than in December 2008.