NEWS RELEASE PRICES 14 FEBRUARY 2007

The Producer Price Index (PPI)  for the 4th quarter of 2006 is 121.6 points, 0.3% higher than in the previous quarter. The PPI for fish products is 128.5 points, 1.1% higher than in the previous quarter (effect on the index 0.5%). The PPI for other manufacturing products is 117.0 points, 0.3% lower than in the previous quarter (-0.2%).

The PPI for domestically sold products is at 106.5 points, 0.2% (0.1%) higher than in the previous quarter and the index for exported products is 130.9 points, 0.4% (0.2%) higher than in the previous quarter. The PPI for exported products, excluding fish products, is 134.4 points, 1.0% (-0.2%) lower than in the previous quarter.

Since the 4th quarter of 2005 the PPI has increased by 21.6%, the PPI for fish products rose by 28.5% and the PPI for other manufacturing products rose by 17.0%.

The Icelandic Producer Price Index 2005-2006
4th quarter 2005 = 100 Changes
  Quarterly index Quarterly Annually
2005
4th quarter 100.0 -0.3 -3.2
2006
1st quarter 106.6 6.6 6.8
2nd quarter 118.8 11.5 17.9
3rd quarter 121.2 2.0 20.9
4th quarter 121.6 0.3 21.6
Percentage changes, not seasonally adjusted.

From now on the publishing of the quarterly PPI will be discontinued. Starting in January 2007 the PPI will be compiled as a monthly index with the first release on 27 February 2007, compiled monthly back to the 4th quarter of 2005.

¹ The PPI covers NACE Rev. 1 (ÍSAT95) sections C and D with the exception of groups 22.1, 35.1 and 35.3.

Statistics

Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

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