NEWS RELEASE PRICES 27 FEBRUARY 2007

The producer price index (PPI) in January 2007 is 125.8 points, 0.9% higher than in the previous month. The PPI for fish products is 130.8 points, 0.4% higher than in December (effect on the index 0.1%), and the PPI for power-intensive industry products is 157.7 points, 4.1% (0.7%) higher than in the previous month. The PPI for food products is 108.0 points, 0.7% higher than in the previous month (0.1%). The PPI for other manufacturing products is 113.1 points, 0.4% lower than in the December (-0.1%).

The PPI for domestically sold products is at 109.0 points, 0.2% (0.1%) higher than in the previous month and the index for exported products is 136.1 points, 1.3% (0.8%) higher than in December. The PPI for exported products, excluding fish products, is 145.4 points, 2.7% (0.7%) higher than in the previous month. The PPI for exported products, excluding fish products and power-intensive industry, is 121.6 points, 0.7% (-0.1%) lower than in the previous quarter.

Since January 2006 the PPI has increased by 22.4%, thereof the PPI for fish products rose by 28.6%, the PPI for power-intensive industry products by 42.0% and the PPI for food products rose by 7.1%.

The PPI is now published as a monthly index, calculated back to the 4 quarter of 2005. New subindices for food products, power-intensive industry products, exported products excluding fish products and exported products excluding fish products and power-intensive industry products are published as of now.

Weights are updated and published monthly according to volume changes in production. A report on the methodology used in the index calculation will be in a special issue of the Statistical Series published on 22 March 2007.

Statistics

Further Information

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

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