NEWS RELEASE PRICES 30 MAY 2017

The producer price index (PPI) increased by 1.4% between March and April 2017. Prices of marine products increased by 3.9% (effect on the index 1.2%), prices of power intensive industry products increased by 2.8% (0.9%), prices for other industry decreased by 2.9% (-0.6%) and prices of food decreased by 0.1% (0.0%).

Compared with April 2016, the PPI has decreased by 5.4%. Thereof prices of marine products have decreased by 9.2% and other industry decreased by 19.4%. Prices of power intensive industry products increased by 7.8%. When taken into consideration if the products are exported or sold domestically, exported products have decreased in price by 3.9% over one year, but products sold domestically have decreased by 8.4%.

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

Producer Price Index in April 2017
    Monthly changes  
  Index   Effect on Annual
  4. quarter 2005 = 100  %  index % changes %
         
Producer Price Index (PPI) 188.7 1.4 1.4 -5.4
By industries:        
Marine products 236.0 3.9 1.2 -9.2
Power intensive industry products 188.5 2.8 0.9 7.8
Food production 172.4 -0.1 0.0 -2.2
Other manufacturing industry 142.5 -2.9 -0.6 -19.4
         
By markets:        
Domestic sales 164.7 -1.6 -0.5 -8.4
Exported products 202.6 2.9 1.9 -3.9

 

Statistics

 

Further Information

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

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