NEWS RELEASE PRICES 28 JUNE 2018

The producer price index (PPI) increased by 3.6% between April and May 2018.  Prices of power intensive industry products increased by 11.8% (effect on the index 3.9%), the prices of marine products increased by 0.5% (0.1%), while other industry prices decreased by 1.9% (-0.4%).

The PPI has increased by 8.5% from May 2017 to May 2018. Thereof have prices of power intensive industry products increased by 19.9%, marine products increased by 8.2% and prices of food increased by 0.6% while other industry have decreased by 1.8% in the same period.

Exported products have increased by 12% in one year, while products sold domestically have increase by 2.2%.

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

Producer Price Index in May 2018
    Monthly changes  
  Index   Effect on Annual
  4. quarter 2005 = 100  %  index % changes %
         
Producer Price Index (PPI) 197.3 3.6 3.6 8.5
By industries        
Marine products 244.9 0.5 0.1 8.2
Power intensive industry products 213.1 11.8 3.9 19.9
Food production 173.6 -0.2 0 0.6
Other manufacturing industry 136.0 -1.9 -0.4 -1.8
         
By markets        
Domestic sales 163.5 -0.8 -0.3 2.2
Exported products 218.0 6.1 3.9 12.0

Statistics

Further Information

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

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