NEWS RELEASE PRICES 27 MARCH 2018

The producer price index (PPI) increased by 1.1% between January and February 2018. Prices of marine products decreased by 2.4% (effect on the index -0.6%) while prices of power intensive industry products increased by 5.8% (1.9%). Food prices increased by 0.3% (0.1%) while other industry prices decreased by 1.3% (-0.3%).

The PPI has increased by 4.2% from February 2017 to February 2018. Thereof prices of marine products have increased by 4.3% while other industry decreased by 6.3%. Prices of power intensive industry products have increased by 13.8% but prices of food increased by 0.5% in the same period. Exported products increased by 8.2% in one year, while products sold domestically decreased by 2.9%.

Changes, effects on the index and index level for subgroups are shown in the table below.  

Producer Price Index in February 2018
    Monthly changes  
  Index   Effect on Annual
  4. quarter 2005 = 100  %  index % changes %
         
Producer Price Index (PPI) 196.3 1.1 1.1 4.2
By industries        
Marine products 245.1 -2.4 -0.6 4.3
Power intensive industry products 204.9 5.8 1.9 13.8
Food production 174.0 0.3 0.1 0.5
Other manufacturing industry 141.9 -1.3 -0.3 -6.3
         
By markets        
Domestic sales 165.3 -0.4 -0.1 -2.9
Exported products 215.2 1.9 1.2 8.2

 

 

Statistics

Further Information

For further information please contact 528 1200 , email framleidsluverd@hagstofa.is

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