NEWS RELEASE PRICES 28 SEPTEMBER 2018

The producer price index (PPI) decreased by 0.9% between July and August 2018.  Prices of power intensive industry products decreased by 4.8% (effect on the index 1.6%), the prices of marine products decreased by 0.3% (-0.1%), the prices of other manufacturing industry increased by 2.7% (0.6%) and prices of food increased by 0.8% (0.2%) in the same period.

The PPI has increased by 6.7% from August 2017 to August 2018. Thereof prices of power intensive industry products increased by 14.0%, other manufacturing industry increased by 4.5%, marine products increased by 2.6% and prices of food increased by 2.0% in the same period.

Exported products have increased by 8.6% in one year, while products sold domestically have increased by 3.3%.

Producer Price Index in August 2018
    Monthly changes  
  Index   Effect on Annual
  4. quarter 2005 = 100  %  index % changes %
         
Producer Price Index (PPI) 199.3 -0.9 -0.9 6.7
By industries        
Marine products 249.0 -0.3 -0.1 2.6
Power intensive industry products 206.8 -4.8 -1.6 14.0
Food production 176.0 0.8 0.2 2.0
Other manufacturing industry 144.3 2.7 0.6 4.5
         
By markets        
Domestic sales 167.0 1.5 0.5 3.3
Exported products 218.8 -2.3 -1.4 8.6

 

Statistics 

Further Information

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

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