NEWS RELEASE PRICES 29 JANUARY 2016

The producer price index (PPI) in December 2015 was 202.0 points (4. quarter 2005 = 100), which is 1.2% lower than in the previous month. The PPI for fish products was 269.4 points which is 1.3% higher than in November 2015 (effect on the index 0.4%) and the PPI for power intensive industry products was 176.9 points, 4.5% lower than in the previous month (-1.5%). The PPI for food products increased by 0.6% (0.1%) and the index for other manufactured products decreased by 0.8% (-0.2%).

The PPI for domestically sold products was 0.9% (-0.3%) lower than in the previous month and the index for exported products decreased by 1.3% (-0.9%).

Compared with December 2014, the PPI has decreased by 9.4%. The PPI for fish products decreased by 1.5% and the PPI for power intensive industry has decreased by 25.5%. The price of food products has increased by 1.7%.

The average annual change for the producer price index in 2015 was 5.1%, whereas it was 6.6% for fish products and 4.2% for power intensive industry.

Monthly changes (%)
  PPI Marine products Power intensive industry products Food production Domestic sales Exported products
2014            
December 3.3 2.1 6.5 0.2 0.9 4.2
2015            
January 0.2 1.0 -0.6 -0.2 -0.1 0.3
February -2.0 -1.9 -4.2 -0.5 0.2 -2.8
March 2.4 1.6 5.0 -0.3 0.2 3.3
April -0.8 0.7 -3.3 0.0 0.3 -1.2
May 0.0 -0.9 -0.5 0.7 1.2 -0.4
June -0.4 1.0 -1.1 0.2 -0.4 -0.3
July -2.5 1.0 -6.6 1.4 -0.7 -3.2
August -2.1 -2.9 -4.3 1.2 0.8 -3.4
September -2.7 -2.6 -7.9 0.0 1.7 -4.5
October -1.2 -1.7 -0.4 -0.4 -1.0 -1.3
November 0.4 2.1 0.1 -0.8 -0.8 0.9
December -1.2 1.3 -4.5 0.6 -0.9 -1.3
Annual changes (%)
  PPI Marine products Power intensive industry products Food production Domestic sales Exported products
2014            
December 12.2 9.6 24.9 1.1 2.9 15.6
2015            
January 14.2 14.0 24.8 0.5 3.3 18.3
February 12.1 13.2 22.0 0.4 1.2 16.0
March 15.9 13.3 31.5 0.0 2.5 20.9
April 14.4 11.2 28.2 -0.7 2.2 18.9
May 12.5 9.6 18.9 0.0 5.4 15.0
June 11.0 9.2 20.2 0.3 2.3 14.1
July 7.4 8.8 7.5 1.5 4.0 8.4
August 1.5 3.3 -4.4 2.7 4.3 0.1
September -2.9 2.4 -16.0 3.1 4.7 -6.1
October -5.2 -1.3 -16.9 2.0 2.9 -8.5
November -5.3 -0.7 -17.0 1.4 2.3 -8.4
December -9.4 -1.5 -25.5 1.7 0.5 -13.3

Statistics 

 

Further Information

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

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