NEWS RELEASE PRICES 28 FEBRUARY 2018

The producer price index (PPI) was unchanged between December 2017 and January 2018. Prices of marine products increased by 2.0% (effect on the index 0.5%) while prices of power intensive industry products decreased by 1.5% (-0.5%).

The PPI has increased by 1.7% from January 2017 to January 2018. Thereof prices of marine products have increased by 2.8% while other industry decreased by 6.6%. Prices of power intensive industry products have increased by 8.2% but prices of food decreased by 0.2% in the same period. Exported products increased by 4.1% in one year, while products sold domestically decreased by 2.8%.

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

Producer Price Index in January 2018
    Monthly changes  
  Index   Effect on Annual
  4. quarter 2005 = 100  %  index % changes %
         
Producer Price Index (PPI) 194.2 0.0 0.0 1.7
By industries        
Marine products 251.2 2.0 0.5 2.8
Power intensive industry products 193.6 -1.5 -0.5 8.2
Food production 173.5 0.2 0.0 -0.2
Other manufacturing industry 143.8 0.0 0.0 -6.6
         
By markets        
Domestic sales 166.0 0.6 0.2 -2.8
Exported products 211.1 -0.3 -0.2 4.1

Statistics

Further Information

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

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