NEWS RELEASE PRICES 28 NOVEMBER 2014

The producer price index (PPI) in October 2014 was 214.6 points (4. quarter 2005 = 100), 1.2% higher than in the previous month. The PPI for fish products was 263.9 points which is 2.0% higher than in September 2014 (effect on the index 0.7%) and the PPI for power intensive industry products was 222.7 points, 0.7% higher (0.2%). The PPI for food products increased by 0.7% (0.2%) and the PPI for other manufactured products increased by 0.8% (0.1%).

The PPI for domestically sold products was 0.7% (0.2%) higher than in the previous month and the index for exported products increased by 1.3% (1.0%).

Compared with October 2013 the PPI has increased by 6.5%. In the same period the PPI for fish products rose by 4.1% while the PPI for power intensive industry increased by 12.1%. The PPI for food products rose by 0.9% from the previous year.

Monthly changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2013
October -0.8 0.5 -2.6 1.5 -0.2 -1.0
November 0.9 0.8 2.9 0.1 -0.5 1.4
December -2.3 -2.4 -7.0 -0.3 2.2 -3.7
2014
January -1.6 -3.0 -0.6 0.4 -0.5 -2.0
February -0.1 -1.1 -2.0 -0.4 2.4 -0.9
March -0.9 1.5 -2.7 0.0 -1.1 -0.9
April 0.5 2.6 -0.8 0.7 0.6 0.5
May 1.7 0.5 7.3 0.0 -1.9 2.9
June 1.0 1.4 -2.2 -0.1 2.6 0.4
July 0.8 1.3 4.4 0.1 -2.3 1.9
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

Annual changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2013
October -6.4 -5.3 -14.7 3.6 2.6 -9.0
November -5.9 -5.3 -11.2 3.5 0.8 -7.8
December -7.1 -7.5 -15.8 3.5 4.1 -10.3
2014
January -12.3 -10.8 -23.0 3.3 1.7 -16.3
February -9.9 -8.9 -22.7 2.1 5.2 -14.2
March -9.5 -4.0 -23.5 1.2 2.9 -13.0
April -3.3 2.9 -14.9 2.0 4.5 -5.6
May -2.2 1.6 -8.3 1.7 1.6 -3.5
June -1.8 1.6 -9.8 2.1 3.9 -3.6
July -0.8 3.0 -5.8 2.3 1.8 -1.7
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

Statistics

Further Information

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

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