NEWS RELEASE PRICES 30 SEPTEMBER 2015

The producer price index (PPI) in August 2015 was 211.6 points (4. quarter 2005 = 100), which is 2.1% lower than in the previous month. The PPI for fish products was 272.0 points which is 2.9% higher than in July 2015 (effect on the index -0.9%) and the PPI for power intensive industry products was 201.7 points, 4.3% lower than in the previous month (-1.4%). The PPI for food products increased by 1.2% (0.2%) and the PPI for other manufactured products stayed the same between months.

The PPI for domestically sold products was 0.8% (0.3%) higher than in the previous month while the index for exported products decreased by 3.4% (-2.4%).

Compared with August 2014, the PPI has increased by 1.5%. The PPI for fish products increased by 3.3% and the PPI for power intensive industry has decreased by 4.4%. The price of food products has increased by 2.7%.

Monthly changes (%)
      Power       
      intensive      
    Marine industry Food  Domestic Exported
  PPI products  products production sales products
2014            
August 3.5 2.4 7.7 0.1 0.5 4.6
September 1.7 -1.8 4.8 -0.4 1.4 1.9
October 1.2 2.0 0.7 0.7 0.7 1.3
November 0.6 1.5 0.2 -0.3 -0.2 0.8
December 3.3 2.1 6.5 0.2 0.9 4.2
2015            
January 0.2 1.0 -0.6 -0.2 -0.1 0.3
February -2.0 -1.9 -4.2 -0.5 0.2 -2.8
March 2.4 1.6 5.0 -0.3 0.2 3.3
April -0.8 0.7 -3.3 0.0 0.3 -1.2
May 0.0 -0.9 -0.5 0.7 1.2 -0.4
June -0.4 1.0 -1.1 0.2 -0.4 -0.3
July -2.5 1.0 -6.6 1.4 -0.7 -3.2
August -2.1 -2.9 -4.3 1.2 0.8 -3.4
Annual changes (%)
      Power       
      intensive      
    Marine industry Food  Domestic Exported
  PPI products  products production sales products
2014            
August 5.6 6.0 7.0 2.5 4.3 6.1
September 4.4 2.5 8.5 1.6 2.9 4.9
October 6.5 4.1 12.1 0.9 3.9 7.4
November 6.1 4.8 9.1 0.5 4.2 6.8
December 12.2 9.6 24.9 1.1 2.9 15.6
2015            
January 14.2 14.0 24.8 0.5 3.3 18.3
February 12.1 13.2 22.0 0.4 1.2 16.0
March 15.9 13.3 31.5 0.0 2.5 20.9
April 14.4 11.2 28.2 -0.7 2.2 18.9
May 12.5 9.6 18.9 0.0 5.4 15.0
June 11.0 9.2 20.2 0.3 2.3 14.1
July 7.4 8.8 7.5 1.5 4.0 8.4
August 1.5 3.3 -4.4 2.7 4.3 0.1

Statistics

Further Information

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

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