The Producer Price Index (PPI)¹ for the 3rd quarter of 2006 is 121.2 points, 2.0% higher than in the previous quarter. The PPI for fish products is 127.1 points, 5.6% higher than in the previous quarter (effect on the index 2.3%). The PPI for other manufacturing products is 117.3 points, 0.4% lower than in the previous quarter (-0.3%).
The PPI for domestically sold products is at 106.3 points, 2.6% (0.9%) higher than in the previous quarter and the index for exported products is 130.4 points, 1.7% (1.1%) higher than in the previous quarter. The PPI for exported products, excluding fish products, is 135.8 points, 4.8% (-1.2%) lower than in the previous quarter.
Meanwhile, the consumer price index rose by 2.2%, the wage index rose by 3.0% and the average price of foreign currency decreased by 1.8%.
Since the 3rd quarter of 2005 the PPI has increased by 20.9%, the PPI for fish products rose by 26.2% and the PPI for other manufacturing products rose by 17.2%.
The Icelandic Producer Price Index 2005-2006 | |||
4. quarter 2005 = 100 | Changes | ||
Quarterly index | Quarterly | Annually | |
2005 | |||
3. quarter | 100.3 | -0.5 | -3.3 |
4. quarter | 100.0 | -0.3 | -3.2 |
2006 | |||
1. quarter | 106.6 | 6.6 | 6.8 |
2. quarter | 118.8 | 11.5 | 17.9 |
3. quarter | 121.2 | 2.0 | 20.9 |
Percentage changes, not seasonally adjusted. |
The PPI for the 4th quarter of 2006 will be disseminated on 14 February 2007. As of January 2007 the monthly PPI will replace the quarterly index for the first time on 27 February 2007. Along with the monthly release of the PPI the price index for fish products will be calculated and introduced simultaneously as a subindex of the PPI using comparable calculation methods.
The Advance Release calendar has been updated accordingly as the following table represents. An issue of The Statistical Bulletin covering the producer price index 2003-2007 will be published on 21 March 2007.
Date of Release | |
Producer Price Index in January 2007 | 27 February 2007 |
Producer Price Index in February 2007 | 29 Mars 2007 |
Producer Price Index in Mars 2007 | 27 April 2007 |
Producer Price Index in April 2007 | 30 May 2007 |
Producer Price Index in May 2007 | 28 June 2007 |
Producer Price Index in June 2007 | 30 July 2007 |
Producer Price Index in July 2007 | 30 August 2007 |
Producer Price Index in August 2007 | 27 September 2007 |
Producer Price Index in September 2007 | 30 October 2007 |
Producer Price Index in October 2007 | 30 November 2007 |
Producer Price Index in November 2007 | 3 January 2008 |
Producer Price Index in December 2007 | 30 January 2008 |
¹ The PPI covers NACE Rev. 1 (ÍSAT95) sections C and D with the exception of groups 22.1, 35.1 and 35.3
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