The Finnish producer price inflation eased to 3.0 percent year-on-year in February 2019 from 3.2 percent in the previous month. It was the lowest rate since February last year, as manufactured products sold on the domestic market prices rose at softer pace (3.2 percent vs 3.5 percent) while export products inflation was unchanged (at 2.8 percent). Among sectors, the biggest upward pressure came from pulp, paper, paperboard and cardboard, electricity as well as oil products. On a monthly basis, producer prices edged up by 0.1 percent. Producer Prices Change in Finland averaged 0.67 percent from 1996 until 2019, reaching an all time high of 7.80 percent in March of 2011 and a record low of -9.70 percent in July of 2009.
Producer Prices Change in Finland is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Finland to stand at 2.60 in 12 months time. In the long-term, the Finland Producer Prices Change is projected to trend around 2.20 percent in 2020, according to our econometric models.