The producer price index (PPI) in May 2013 was 202.4 points (4. quarter 2005 = 100), 0.6% higher than in the previous month. The PPI for fish products was 246.6 points which is 1.7% higher than in April 2013 (effect on the index 0.6%) and the PPI for power intensive industry products was 209.4 points, 0.3% lower (-0.1%). The PPI for food products increased by 0.3% and the PPI for other manufactured products increased by 1.5% (0.1%).
The PPI for domestically sold products was 1.0% (0.1%) higher than in the previous month while the index for exported products increased by 0.7% (0.5%).
Compared to May 2012 the PPI has decreased by 7.6%. The PPI for fish products and the PPI for power intensive industry decreased by 9.8% and 11.8% respectively. In the same period the PPI for food products rose by 4.7%.
Basic weights for the PPI are revised annually and are as of May 2013 based on Statistics Iceland’s PRODCOM survey for the years 2011 and 2012.
Monthly changes (%) | ||||||
Power | ||||||
intensive | ||||||
Marine | industry | Food | Domestic | Exported | ||
PPI | products | products | production | sales | products | |
2012 | ||||||
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 |
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 |
Annual changes (%) | ||||||
Power | ||||||
intensive | ||||||
Marine | industry | Food | Domestic | Exported | ||
PPI | products | products | production | sales | products | |
2012 | ||||||
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 |
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 |
Statistics