NEWS RELEASE PRICES 27 MARCH 2013

The producer price index (PPI) in February 2013 was 216.9 points (4. quarter 2005 = 100), 2.8% lower than in the previous month. The PPI for fish products was 262.7 points which is 3.1% lower than in January 2013 (effect on the index -1.1%) and the PPI for power intensive industry products was 239.7 points, 2.4% lower (-0.8%). The PPI for food products increased by 0.7% (0.1%) and the PPI for other manufactured products decreased by 5.7% (-1.0%).

The PPI for domestically sold products was 1.1% (-0.3%) lower than in the previous month and the index for exported products decreased by 3.3% (-2.5%).

Compared to February 2012 the PPI has decreased by 0.4%. The PPI for fish products decreased by 2.3% and the PPI for power intensive industry products rose by 0.2%. In the same period the PPI for food products rose by 4.1%.

Monthly changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2012
February 1.9 -0.8 5.2 0.0 0.3 2.4
March 2.7 2.2 4.5 -0.2 0.7 3.3
April 0.5 1.2 0.0 0.6 0.5 0.5
May -2.5 -1.7 -5.0 0.2 0.1 -3.3
June -1.2 -0.7 -2.0 -0.3 -0.1 -1.5
July -3.3 -1.7 -6.4 1.9 -0.6 -4.2
August -2.7 -3.4 -4.6 -0.6 0.6 -3.7
September 1.8 3.3 0.7 1.2 -0.5 2.5
October 3.9 0.6 11.2 0.1 -1.0 5.4
November 0.4 0.8 -1.1 0.2 1.3 0.2
December -1.1 -0.1 -2.0 -0.3 -1.1 -1.1
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

Annual changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2012
February 4.9 12.7 -6.5 6.4 8.4 3.9
March 6.4 12.9 -3.9 5.0 8.2 5.9
April 5.3 12.4 -3.4 5.4 7.7 4.5
May 1.0 9.6 -12.3 5.3 7.4 -0.8
June -0.7 6.9 -12.7 3.7 7.4 -2.9
July -4.2 4.9 -17.9 4.2 5.1 -6.8
August -6.1 0.9 -19.3 2.0 4.4 -9.1
September -3.7 4.1 -16.5 2.0 2.7 -5.7
October 1.0 2.8 -2.8 2.8 1.7 0.8
November 2.5 3.1 0.1 2.8 2.1 2.4
December 1.2 1.2 -0.4 2.9 1.1 1.1
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

Statistics

Further Information

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

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