NEWS RELEASE PRICES 30 OCTOBER 2014

The producer price index (PPI) in September 2014 was 212.2 points (4. quarter 2005 = 100), 1.7% higher than in the previous month. The PPI for fish products was 258.8 points which is 1.8% lower than in August 2014 (effect on the index -0.6%) and the PPI for power intensive industry products was 221.3 points, 4.8% higher (1.6%). The PPI for food products decreased by 0.4% (-0.1%) and the PPI for other manufactured products increased by 5.0% (0.8%).

The PPI for domestically sold products was 1.4% (0.4%) higher than in the previous month and the index for exported products increased by 1.9% (1.3%).

Compared to September 2013 the PPI has increased by 4.4%. In the same period the PPI for fish products rose by 2.5% while the PPI for power intensive industry increased by 8.5%. The PPI for food products rose by 1.6% from the previous year.

Monthly changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2013
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
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

Annual changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2013
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
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

Statistics

Further Information

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

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