NEWS RELEASE PRICES 06 JANUARY 2010

The producer price index (PPI) in November 2009 was 189.3 points (4. quarter 2005 = 100), 1.2% higher than in the previous month. The PPI for fish products was 231.2 points which is 0.9% higher than in October 2009 (effect on the index 0.3%) and the PPI for power intensive industry products was 209.3 points, 2.0% higher (0.7%). The PPI for food products was 0.2% higher than in October and the PPI for other manufactured products rose by 1.0% (0.2%).

 

The PPI for domestically sold products was 0.7% higher (0.2%) than in the previous month while the index for exported products increased by 1.4% (1.0%).

 

Compared to November 2008 the PPI has decreased by 4.0%. The PPI for fish products declined by 6.9% and the PPI for power intensive industry products has decreased by 17.8%. In the same period the PPI for food products rose by 5.0%.

 

 

Monthly changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2008
November 5.4 9.9 2.2 3.7 2.7 6.8
December -7.1 -6.4 -18.5 2.8 2.1 -11.7
2009
January -7.3 -5.4 -17.0 0.2 0.1 -11.0
February -8.3 -14.1 -12.7 -0.3 2.3 -13.3
March -1.6 -1.0 -5.2 -0.2 0.2 -2.4
April 7.2 11.4 10.2 0.3 -0.2 10.7
May 2.4 3.7 5.0 0.2 -0.5 3.7
June 1.1 0.7 2.7 0.9 0.4 1.5
July 3.5 1.4 7.6 0.5 1.2 4.4
August 3.3 1.8 5.2 1.1 1.8 3.9
September 2.7 -2.0 12.1 0.2 -0.7 4.1
October 0.3 4.1 -4.5 -0.9 0.3 0.2
November 1.2 0.9 2.0 0.2 0.7 1.4

 

Annual changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2008
November 68.5 93.1 101.2 22.4 26.3 96.1
December 53.2 77.3 56.8 25.7 28.3 67.8
2009
January 39.2 62.7 31.1 24.3 24.8 47.2
February 23.8 35.5 8.0 23.2 25.9 22.6
March 11.6 19.2 -15.3 21.7 27.3 3.9
April 12.5 28.6 -16.5 14.8 19.1 8.4
May 13.9 33.9 -12.6 13.4 15.7 12.0
June 11.0 25.6 -13.3 14.2 15.7 7.6
July 12.2 27.8 -8.4 14.3 13.6 10.2
August 13.8 29.9 -10.6 14.9 15.3 11.4
September 12.4 17.2 -1.2 13.4 13.0 10.0
October 0.0 1.4 -17.7 8.6 10.1 -6.4
November -4.0 -6.9 -17.8 5.0 7.9 -11.1

 

In evaluating the price changes accounted for here, it may be taken into consideration that the trade-weighted average price of foreign exchange in November 2009 was 0.6% higher than in the preceding month whereas it was 3.9% higher than in November 2008.

 

Statistics

Further Information

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

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