NEWS RELEASE PRICES 29 NOVEMBER 2017

The producer price index (PPI) increased by 0.4% between September and October 2017. Prices of marine products decreased by 1.3% (effect on the index -0.3%) while prices of power intensive industry products increased by 2.5% (0.7%).

The PPI has increased by 0.5% from October 2016. Thereof prices of marine products have decreased by 0.4% and other industry decreased by 17.9%. Prices of power intensive industry products have increased by 18.7% but prices of food decreased by 2.9% in the same period. Exported products increased by 5.5% in one year, while products sold domestically decreased by 8.4%.

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

Producer Price Index in October 2017
    Monthly changes  
  Index   Effect on Annual
  4. quarter 2005 = 100  %  index % changes %
         
Producer Price Index (PPI) 192.8 0.4 0.4 0.5
By industries        
Marine products 243.7 -1.3 -0.3 -0.4
Power intensive industry products 197.5 2.5 0.7 18.7
Food production 171.8 -0.1 0.0 -2.9
Other manufacturing industry 141.3 0.0 0.0 -17.9
         
By markets        
Domestic sales 162.8 0.0 0.0 -8.4
Exported products 211.1 0.7 0.4 5.5

 

Statistics

 

Further Information

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

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