NEWS RELEASE PRICES 29 OCTOBER 2019

The producer price index (PPI) decreased by 0.4% between August and September 2019. Prices of power intensive industry products decreased by 1.8% (effect on the index -0.6%). Prices of food decreased by 0.3% (-0.1%), prices of marine products increased by 0.5% (0.1%) while the prices of other manufacturing industry increased by 0.7% (0.2%).

The PPI increased by 4.5% from September 2018 to September 2019. Thereof prices of marine products increased by 16.8%, prices of other manufacturing industry increased by 7.6% and prices of food increased by 2.8%. Prices of power intensive industry products decreased by 4.4% in the same period.

Exported products have increased by 4.9% in one year, while products sold domestically have increased by 3.6%.

Producer Price Index in September 2019
  Monthly changes 
Index
4th qtr 2005 = 100
% Effect on
index %
Changes from previous year %
   
Producer Price Index (PPI) 211.7-0.4-0.44.5
By industries  
Marine products 299.20.50.116.8
Power intensive industry products 199.8-1.8-0.6-4.4
Food production 182.6-0.3-0.12.8
Other manufacturing industry 157.70.70.27.6
   
By markets  
Domestic sales 175.40.10.03.6
Exported products 233.7-0.6-0.44.9

Statistics

Further Information

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

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