NEWS RELEASE PRICES 30 OCTOBER 2007

The producer price index (PPI) in September 2007 was 118.8 points, 1.8% lower than in the previous month. The PPI for fish products was 127.6 points which is 0.8% higher than in August (effect on the index 0.3%), and the PPI for power intensive industry products was 134.1 points, 8.3% lower           (-1.7%). The PPI for food products was 0.9% higher than in August (0.2%) while the PPI for other manufactured products decreased 2.0% (-0.5%).

The PPI for domestically sold products was unchanged from the previous month while the index for exported products decreased 2.8% (-1.8%).

From September 2006, the PPI has decreased 1.6%, the PPI for fish products is unchanged and the PPI for power intensive industry products decreased 4.2%. The PPI for food products rose 3.3% in the same period.

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
March 0.0 -0.3 0.4 -0.4 0.6 -0.3
April -0.5 0.4 -3.6 0.1 0.1 -0.9
May -2.4 -4.2 -1.2 0.0 -0.5 -3.5
June -0.1 -1.0 -1.3 -0.1 0.8 -0.7
July -2.3 0.0 -6.5 0.1 -1.1 -3.0
August 4.8 5.7 9.1 -0.1 0.7 7.3
September -1.8 0.8 -8.3 0.9 0.0 -2.8

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
March 9.5 14.4 12.2 5.8 7.3 10.4
April 3.9 6.7 1.2 4.9 6.9 2.1
May 1.0 2.0 -3.2 4.0 5.5 -1.7
June -4.8 -4.5 -14.8 2.3 4.1 -9.5
July -6.5 -6.8 -10.2 2.2 0.9 -10.7
August 0.2 1.0 2.1 2.2 1.7 -0.9
September -1.6 0.0 -4.2 3.3 2.0 -4.0

Statistics

Further Information

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

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