NEWS RELEASE PRICES 29 MARCH 2007

The producer price index (PPI) in February 2007 is 121.9 points, 3.1% lower than in the previous month. The PPI for fish products is 126.1 points, 3.5% (effect on the index -1.3%) lower than in January, and the PPI for power intensive industry is 151.9 points, 3.7% (-0.7%) lower than in the previous month. The PPI for food products increased by 0.7% (0.1%) from January while the PPI for other manufactured products is 4.8% (-1.2%) lower than in the previous month.

The PPI for domestically sold products is 0.2% (-0.1%) lower than in the previous month and the index for exported products declined 4.8% (-3.0%) from January. From January to February 2007 the average price of foreign currency decreased by 3.4%.

The PPI is 15.6% higher than in February 2006. In the last twelve months the PPI for fish products has increased by 23.1%, the PPI for power intensive industry products by 24.9% and the PPI for food products by 6.8%.

Monthly changes (%)
2007 PPI Marine Power intensive Food  Domestic Exported
    products industry products production sales products
January 0.9 0.4 4.1 0.7 0.2 1.3
February -3.1 -3.5 -3.7 0.7 -0.2 -4.8

Annual changes (%)
2007 PPI Marine Power intensive Food  Domestic Exported
    products industry products production sales products
January 22.4 28.6 42.0 7.1 8.0 30.9
February 15.6 23.1 24.9 6.8 7.1 20.2

Statistcs

Further Information

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

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