NEWS RELEASE PRICES 30 APRIL 2018

The producer price index (PPI) decreased by 1.7% between February and March 2018. Prices of power intensive industry products decreased by 3.4% (effect on the index -1.1%), prices of marine products decreased by 1.2% (-0.3%), other industry prices decreased by 1.4% (-0.3%) while food prices increased by less than 0.1% (0.0%).

The PPI has increased by 3.7% from March 2017 to March 2018. Thereof prices of power intensive industry products have increased by 8.0%, marine products have increased by 6.6%, prices of food increased by 0.9% while other industry have decreased by 4.7% in the same period.

Exported products increased by 6.4% in one year, while products sold domestically decreased by 1.5%.

Changes, effects on the index and index level for subgroups are shown in the table below.

Producer Price Index in March 2018
    Monthly changes  
  Index   Effect on Annual
  4. quarter 2005 = 100  %  index % changes %
         
Producer Price Index (PPI) 192.9 -1.7 -1.7 3.7
By industries        
Marine products 242.0 -1.2 -0.3 6.6
Power intensive industry products 198.0 -3.4 -1.1 8.0
Food production 174.1 0.1 0.0 0.9
Other manufacturing industry 139.9 -1.4 -0.3 -4.7
         
By markets        
Domestic sales 164.9 -0.3 -0.1 -1.5
Exported products 209.7 -2.6 -1.6 6.4


 

Statistics

Further Information

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

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