NEWS RELEASE PRICES 28 JUNE 2007

The producer price index (PPI) in May 2007 is 118.3 points, 2.4% lower than in the previous month. The PPI for fish products is 121.0 points, 4.2% lower than in April (effect on the index -1.6%), and the PPI for power intensive industry products is 145.2 points, 1.2% lower than in the previous month (-0.2%). The PPI for food products remained unchanged from April while the PPI for other manufactured products declined 2.4% from the previous month (-0.6%). At the same time the price of foreign currencies fell by 3.4%.

The PPI for domestically sold products was 0.5% lower than in the previous month (-0.2%) while the index for exported products declined 3.5% from April (-2.2%).

From May 2006, the PPI has risen by 1.0%. Over the last twelve months the PPI for fish products has risen by 2.0% and the PPI for food products by 2.4% but the PPI for power intensive industry products has declined 3.2%.

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


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 -2.1 -5.2 3.7 2.4 1.6 -4.3

Statistics

Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

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