NEWS RELEASE PRICES 28 FEBRUARY 2014

The producer price index (PPI) in January 2014 was 195.5 points (4. quarter 2005 = 100), 1.6% lower than in the previous month. The PPI for fish products was 242.1 points which is 3.0% lower than in December 2013 (effect on the index -1.1%) and the PPI for power intensive industry products was 189.1 points, 0.6% lower (-0.2%). The PPI for food products increased by 0.4% (0.1%) and the PPI for other manufactured products decreased by 2.5% (-0.4%).

The PPI for domestically sold products was 0.5% (-0.1%) lower than in the previous month while the index for exported products decreased by 2.0% (-1.5%).

Compared to January 2013 the PPI has decreased by 12.3%. The PPI for fish products and the PPI for power intensive industry decreased by 10.8% and 23.0% respectively. In the same period the PPI for food products rose by 3.3%.

Monthly changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2013
January 4.3 0.5 8.7 0.6 1.8 5.0
February -2.8 -3.1 -2.4 0.7 -1.1 -3.3
March -1.4 -3.6 -1.6 1.0 1.1 -2.2
April -5.9 -4.3 -10.9 -0.1 -1.0 -7.4
May 0.6 1.7 -0.3 0.3 1.0 0.7
June 0.5 1.4 -0.6 -0.5 0.3 0.6
July -0.2 -0.1 -0.1 -0.1 -0.3 -0.1
August -2.8 -0.6 -5.1 -0.2 -1.9 -3.1
September 2.9 1.6 3.3 0.5 2.7 3.0
October -0.8 0.5 -2.6 1.5 -0.2 -1.0
November 0.9 0.8 2.9 0.1 -0.5 1.4
December -2.3 -2.4 -7.0 -0.3 2.2 -3.7
2014
January -1.6 -3.0 -0.6 0.4 -0.5 -2.0

Annual changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2013
January 4.4 0.1 8.0 3.3 2.0 5.0
February -0.4 -2.3 0.2 4.1 0.6 -0.8
March -4.4 -7.8 -5.7 5.3 1.1 -6.1
April -10.5 -12.8 -15.9 4.6 -0.4 -13.5
May -7.6 -9.8 -11.8 4.7 0.4 -10.0
June -6.0 -7.8 -10.5 4.5 0.8 -8.1
July -2.9 -6.3 -4.5 2.4 1.1 -4.2
August -3.0 -3.6 -5.1 2.9 -1.4 -3.5
September -1.9 -5.2 -2.6 2.2 1.8 -3.1
October -6.4 -5.3 -14.7 3.6 2.6 -9.0
November -5.9 -5.3 -11.2 3.5 0.8 -7.8
December -7.1 -7.5 -15.8 3.5 4.1 -10.3
2014
January -12.3 -10.8 -23.0 3.3 1.7 -16.3

Statistics

Further Information

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

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