News

Tuesday - 28 February 2012
No. 37/2012

Producer prices increase by 1.1% from previous month

The producer price index (PPI) in January 2012 was 213.6 points (4. quarter 2005 = 100), 1.1% higher than in the previous month. The PPI for fish products was 271.0 points which is 1.6% higher than in December 2011 (effect on the index 0.6%) and the PPI for power intensive industry products was 227.3 points, 0.4% higher (0.1%). The PPI for food products increased by 0.2% and the PPI for other manufactured products rose by 2.4% (0.4%).

The PPI for domestically sold products was 1.0% (0.2%) higher than in the previous month while the index for exported products rose by 1.1% (0.9%).

Compared to January 2011 the PPI has increased by 5.7%. The PPI for fish products rose by 16.3% and the PPI for power intensive industry products decreased by 8.1%. In the same period the PPI for food products rose by 7.5%.

Monthly changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2011
January 2,1 3,5 2,2 0,0 -0,3 2,7
February 2,7 2,4 3,4 1,0 1,2 3,1
March 1,3 2,0 1,6 1,1 0,8 1,4
April 1,6 1,7 -0,5 0,2 0,9 1,8
May 1,6 0,8 4,6 0,3 0,5 1,9
June 0,5 1,8 -1,6 1,1 -0,1 0,7
July 0,2 0,2 -0,5 1,5 1,5 -0,2
August -0,8 0,5 -2,9 1,5 1,2 -1,3
September -0,6 0,2 -2,6 1,2 1,2 -1,2
October -1,1 1,8 -4,5 -0,7 0,0 -1,3
November -0,9 0,5 -4,0 0,2 0,9 -1,5
December 0,1 1,9 -1,6 -0,4 -0,2 0,2
2012
January 1,1 1,6 0,4 0,2 1,0 1,1

Annual changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2011
January 0,9 1,3 1,9 2,7 1,7 0,3
February 2,7 4,7 1,5 3,3 3,2 2,2
March 6,9 6,1 12,1 5,0 3,5 7,7
April 6,0 8,4 4,3 4,7 4,1 6,2
May 6,3 11,4 2,5 4,9 5,2 6,3
June 13,0 14,6 14,1 5,8 5,7 15,0
July 17,1 15,0 23,6 6,9 7,6 19,8
August 17,2 19,4 20,7 8,7 7,5 20,0
September 13,9 15,3 13,2 10,1 9,4 15,1
October 12,8 16,3 10,4 8,0 7,8 14,1
November 8,4 16,2 -2,5 7,7 9,6 8,0
December 6,7 18,4 -6,4 7,3 8,0 6,3
2012
January 5,7 16,3 -8,1 7,5 9,4 4,6

In evaluating the price changes accounted for here, it may be taken into consideration that the trade-weighted average price of foreign exchange in January 2012 was 1.0% higher than in the preceding month and 3.8% higher than in January 2011.

Statistics



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For further information please contact the Price statistics department, tel. +354 528 1200.

 

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