The producer price index (PPI) in June 2007 was 118.2 points, 0.1% lower than in the previous month. The PPI for fish products was 119.7 points, 1.0% lower than in May (effect on the index -0.4%), and the PPI for power intensive industry products was 143.3 points, 1.3% lower (-0.2%). The PPI for food products was 0.1% lower than in May (0.0%) while the PPI for other manufactured products rose by 1.9% (0.5%).
The PPI for domestically sold products was 0.8% higher than in the previous month (0.3%) while the index for exported products declined 0.7% (-0.4%).
From June 2006, the PPI has decreased by 4.8%. Over the last twelve months the PPI for fish products has fallen by 4.5% and the PPI for power intensive industry products by 14.8%. The PPI for food products rose by 2.3% in the same period.
Basic weights for the PPI are revised annually and are as of June 2007 based on Statistics Iceland’s PRODCOM survey for the years 2005 and 2006.
| Monthly changes (%) | ||||||
| 2007 | PPI | Marine | Power intensive | Food | Domestic | Exported |
| products | industry products | production | sales | products | ||
| January | 0.9 | 0.4 | 4.1 | 0.7 | 0.2 | 1.3 |
| February | -3.1 | -3.5 | -3.7 | 0.7 | -0.2 | -4.8 |
| March | 0.0 | -0.3 | 0.4 | -0.4 | 0.6 | -0.3 |
| April | -0.5 | 0.4 | -3.6 | 0.1 | 0.1 | -0.9 |
| May | -2.4 | -4.2 | -1.2 | 0.0 | -0.5 | -3.5 |
| June | -0.1 | -1.0 | -1.3 | -0.1 | 0.8 | -0.7 |
| Annual changes (%) | ||||||
| 2007 | PPI | Marine | Power intensive | Food | Domestic | Exported |
| products | industry products | production | sales | products | ||
| January | 22.4 | 28.6 | 42.0 | 7.1 | 8.0 | 30.9 |
| February | 15.6 | 23.1 | 24.9 | 6.8 | 7.1 | 20.2 |
| March | 9.5 | 14.4 | 12.2 | 5.8 | 7.3 | 10.4 |
| April | 3.9 | 6.7 | 1.2 | 4.9 | 6.9 | 2.1 |
| May | 1.0 | 2.0 | -3.2 | 4.0 | 5.5 | -1.7 |
| June | -4.8 | -4.5 | -14.8 | 2.3 | 4.1 | -9.5 |
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