NEWS RELEASE PRICES 30 JANUARY 2018

The producer price index (PPI) increased by 0.3% between November and December 2017. Prices of marine products increased by 1.9% (effect on the index 0.5%) while prices of power intensive industry products decreased by 0.7% (-0.2%).

The PPI has increased by 2.4% from December 2016 to December 2017. Thereof prices of marine products have increased by 3.8% while other industry decreased by 8.9%. Prices of power intensive industry products have increased by 11.5% but prices of food decreased by 0.7% in the same period. Exported products increased by 6.1% in one year, while products sold domestically decreased by 4.3%.

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

Producer Price Index in December 2017
    Monthly changes  
  Index   Effect on Annual
  4. quarter 2005 = 100  %  index % changes %
         
Producer Price Index (PPI) 194.2 0.3 0.3 2.4
By industries        
Marine products 246.3 1.9 0.5 3.8
Power intensive industry products 196.6 -0.7 -0.2 11.5
Food production 173.2 0.2 0.0 -0.7
Other manufacturing industry 143.8 0.1 0.0 -8.9
         
By markets        
Domestic sales 165.0 0.1 0.0 -4.3
Exported products 211.7 0.5 0.3 6.1


Statistics

 

 

Further Information

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

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