News

Wednesday - 29 September 2010
No. 185/2010

Producer price index in August 2010

The producer price index (PPI) in August 2010 was 184.9 points (4. quarter 2005 = 100), 0.9% lower than in the previous month. The PPI for fish products was 213.9 points which is 3.1% lower than in July 2010 (effect on the index -1.1%) and the PPI for power intensive industry products was 213.4 points, 0.5% lower (-0.2%). The PPI for food products decreased by 0.2% and the PPI for other manufactured products rose by 3.1% (0.4%).

The PPI for domestically sold products was 1.3% (0.3%) higher than in the previous month while the index for exported products decreased by 1.5% (-1.2%).

Compared to August 2009 the PPI has increased by 1.8%. The PPI for fish products declined by 4.8% and the PPI for power intensive industry products has increased by 11.5%. 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
2009
August 3.3 1.8 5.2 1.1 1.8 3.9
September 2.7 -2.0 12.1 0.2 -0.7 4.1
October 0.3 4.1 -4.5 -0.9 0.3 0.2
November 1.2 0.9 2.0 0.2 0.7 1.4
Desember 1.9 1.1 4.2 0.0 -0.2 2.6
2010
January 3.9 -1.6 11.3 0.5 1.1 4.8
February 0.8 -1.0 3.9 0.4 -0.3 1.2
March -2.7 0.7 -8.0 -0.5 0.5 -3.7
April 2.5 -0.5 7.0 0.5 0.4 3.2
May 1.2 -1.9 6.4 0.1 -0.6 1.8
June -5.4 -1.1 -11.5 0.3 -0.5 -7.0
July -3.3 -0.2 -8.2 0.4 -0.2 -4.2
August -0.9 -3.1 -0.5 -0.2 1.3 -1.5

Annual changes (%)
Power 
intensive
Marine industry Food  Domestic Exported
  PPI products  products production sales products
2009
August 13.8 29.9 -10.6 14.9 15.3 11.4
September 12.4 17.2 -1.2 13.4 13.0 10.0
October 0.0 1.4 -17.7 8.6 10.1 -6.4
November -4.0 -6.9 -17.8 5.0 7.9 -11.1
December 5.4 0.5 5.1 2.2 5.6 3.3
2010
January 18.1 4.5 40.9 2.5 6.6 21.7
February 29.8 20.5 67.8 3.2 3.9 41.9
March 28.4 22.6 62.8 2.9 4.3 40.0
April 22.8 9.5 58.1 3.2 4.8 30.6
May 21.4 3.6 60.3 3.2 4.8 28.2
June 13.5 1.7 38.1 2.6 3.8 17.5
July 6.1 0.1 17.8 2.5 2.3 7.8
August 1.8 -4.8 11.5 1.1 1.7 2.2

In evaluating the price changes accounted for here, it may be taken into consideration that the trade-weighted average price of foreign exchange in August 2010 was 2.0% lower than in the preceding month whereas it was 11.5% lower than in August 2009.

Statistics



Use of this press release is free. Please quote the source.

For further information please contact the Price statistics department, tel. +354 528 1200.

 

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