NEWS RELEASE PRICES 30 JANUARY 2015

The producer price index (PPI) in December 2014 was 223.0 points (4. quarter 2005 = 100), 3.3% higher than in the previous month. The PPI for fish products was 273.5 points which is 2.1% higher than in November 2014 (effect on the index 0.7%) and the PPI for power intensive industry products was 237.6 points, 6.5% higher (2.2%). The PPI for food products increased by 0.2% (0%) and the PPI for other manufactured products increased by 2.2% (0.4%).

The PPI for domestically sold products was 0.9% (0.2%) higher than in the previous month while the index for exported products increased by 4.2% (3.1%).

Compared with December 2013 the PPI has increased by 12.2%. The PPI for fish products increased by 9.6% and the PPI for power intensive industry increased by 24.9%. In the same period the PPI for food products rose by 1.1%.

Monthly changes (%)
      Power       
      intensive      
    Marine industry Food  Domestic Exported
  PPI products  products production sales products
2013            
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
February -0.1 -1.1 -2.0 -0.4 2.4 -0.9
March -0.9 1.5 -2.7 0.0 -1.1 -0.9
April 0.5 2.6 -0.8 0.7 0.6 0.5
May 1.7 0.5 7.3 0.0 -1.9 2.9
June 1.0 1.4 -2.2 -0.1 2.6 0.4
July 0.8 1.3 4.4 0.1 -2.3 1.9
August 3.5 2.4 7.7 0.1 0.5 4.6
September 1.7 -1.8 4.8 -0.4 1.4 1.9
October 1.2 2.0 0.7 0.7 0.7 1.3
November 0.6 1.5 0.2 -0.3 -0.2 0.8
December 3.3 2.1 6.5 0.2 0.9 4.2
Annual changes (%)
      Power       
      intensive      
    Marine industry Food  Domestic Exported
  PPI products  products production sales products
2013            
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
February -9.9 -8.9 -22.7 2.1 5.2 -14.2
March -9.5 -4.0 -23.5 1.2 2.9 -13.0
April -3.3 2.9 -14.9 2.0 4.5 -5.6
May -2.2 1.6 -8.3 1.7 1.6 -3.5
June -1.8 1.6 -9.8 2.1 3.9 -3.6
July -0.8 3.0 -5.8 2.3 1.8 -1.7
August 5.6 6.0 7.0 2.5 4.3 6.1
September 4.4 2.5 8.5 1.6 2.9 4.9
October 6.5 4.1 12.1 0.9 3.9 7.4
November 6.1 4.8 9.1 0.5 4.2 6.8
December 12.2 9.6 24.9 1.1 2.9 15.6

Statistics

Further Information

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

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