Financial News: Finland Producer Prices Fall 2.3%

11/25/2024 - 02:55:00 (RTTNews)

(RTTNews) - Finland's producer prices decreased for the third straight month in October, data from Statistics Finland showed on Monday.

The producer price index dropped 2.3 percent year-over-year in October, the same as in the previous two months.

The fall in the producer prices was particularly caused by lower prices of oil products, chemicals and chemical products, and electricity.

The decrease in prices was curbed especially by the increase in prices of pulp, precious metals, and timber.

Domestic producer prices dropped 2.6 percent annually, and those of export products fell by 2.0 percent.

On a month-on-month basis, producer prices edged down 0.2 percent in October versus a flat change a month ago.

Data also showed that export prices fell 2.0 percent from last year, and import prices were 3.7 percent lower.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

Indian Private Sector Growth Slowest In 14 Months (30 min(s), 09 sec(s) ago)
(RTTNews) - India's private sector growth moderated in January to the lowest level in more tha ...Full Story»

Bank Of Japan Hikes Interest Rate To 0.5%, Highest Since 2008 (08 min(s), 51 sec(s) ago)
(RTTNews) - The Bank of Japan raised its short-term interest rate to the highest in seventeen year ...Full Story»

Japan Manufacturing PMI Sinks To 48.8 In January - Jibun (04 min(s), 51 sec(s) ago)
(RTTNews) - The manufacturing sector in Japan continued to contract in January, and at a faster pa ...Full Story»

Australia Manufacturing PMI Improves To 49.8 In January - S&P Global (18 min(s), 51 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to contract in January, albeit at a sl ...Full Story»

Japan Rate Decision On Tap For Friday (58 min(s), 51 sec(s) ago)
(RTTNews) - The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce ...Full Story»

Treasury Announces Details Of Two-Year, Five-Year & Seven-Year Note Auctions (08 min(s), 51 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story»

U.S. Crude Oil Inventories Dip Less Than Expected (59 min(s), 51 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. decreased by less than expected in the week ended Ja ...Full Story»

Eurozone Consumer Confidence Improves In January (07 min(s), 51 sec(s) ago)
(RTTNews) - Euro area consumer confidence grew for the first time in three months in January, but ...Full Story»