NEWS RELEASE PRICES 22 DECEMBER 2017

The producer price index (PPI) increased by 0.4% between October and November 2017. Prices of marine products decreased by 0.8% (effect on the index -0.2%) while prices of power intensive industry products increased by 0.3% (0.1%). Prices of food increased by 0.7% (0.1%) and prices for other industry increased by 1.6% (0.4%).

The PPI has increased by 1.8% from November 2016. Thereof prices of marine products have increased by 1.4% while other industry decreased by 13.6%. Prices of power intensive industry products have increased by 16.4% but prices of food decreased by 1.9% in the same period. Exported products increased by 6.0% in one year, while products sold domestically decreased by 6.1%.

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

Producer Price Index in November 2017
    Monthly changes  
  Index   Effect on Annual
  4. quarter 2005 = 100  %  index % changes %
         
Producer Price Index (PPI) 193.5 0.4 0.4 1.8
By industries        
Marine products 241.7 -0.8 -0.2 1.4
Power intensive industry products 198.0 0.3 0.1 16.4
Food production 172.9 0.7 0.1 -1.9
Other manufacturing industry 143.7 1.6 0.4 -13.6
         
By markets        
Domestic sales 164.9 1.3 0.5 -6.1
Exported products 210.7 -0.2 -0.1 6.0

Statistics

Further Information

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

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