Producer inflation in Iceland increased to 6.9 percent in January 2021 from 6.3 percent in the prior month, as prices went up at a faster rate in the power intensive industry (17.2 percent vs 12.5 percent in December), for exported products (8.7 percent vs 7.5 percent), and in other manufacturing industries (4.4 percent vs 4.2 percent). On the other hand, prices eased further for marine products (0.1 percent vs 2.4 percent), in food production (3.4 percent vs 4.0 percent), and products sold domestically (3.2 percent vs 3.8 percent). On a monthly basis, producer prices rebounded 1.8 percent after a 1.8 percent drop in December. source: Statistics Iceland

Producer Prices Change in Iceland averaged 5.28 percent from 2007 until 2021, reaching an all time high of 68.50 percent in November of 2008 and a record low of -12.40 percent in January of 2014. This page provides - Iceland Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Producer Prices Change in Iceland is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Iceland to stand at 3.00 in 12 months time. In the long-term, the Iceland Producer Prices Change is projected to trend around 3.00 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

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Iceland Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
6.90 6.30 68.50 -12.40 2007 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-24 09:00 AM Oct 0.7% 6.8% 6.5%
2020-12-21 09:00 AM Nov 0.2% 0.7%
2021-01-26 09:00 AM Dec 6.3% 9.1%
2021-02-25 09:00 AM Jan 6.9% 6.3%
2021-03-25 09:00 AM Feb 6.9%
2021-04-29 09:00 AM Mar
2021-05-27 09:00 AM Apr
2021-06-29 09:00 AM May


News Stream
Iceland Producer Prices Rise 6.9% in January
Producer inflation in Iceland increased to 6.9 percent in January 2021 from 6.3 percent in the prior month, as prices went up at a faster rate in the power intensive industry (17.2 percent vs 12.5 percent in December), for exported products (8.7 percent vs 7.5 percent), and in other manufacturing industries (4.4 percent vs 4.2 percent). On the other hand, prices eased further for marine products (0.1 percent vs 2.4 percent), in food production (3.4 percent vs 4.0 percent), and products sold domestically (3.2 percent vs 3.8 percent). On a monthly basis, producer prices rebounded 1.8 percent after a 1.8 percent drop in December.
2021-02-25
Iceland October Producer Inflation Lowest in 4 Months
Producer prices in Iceland went up 0.7 percent year-on-year in October of 2020, the smallest rise since June, as prices slowed for marine products (7.4 percent vs 8.9 percent in September). Meanwhile, costs advanced faster for power intensive industry (9.8 percent vs 7.7 percent); other manufacturing industries (7.5 percent vs 5.5 percent) and food products (3.9 percent vs 3.2 percent). On a monthly basis, producer prices increased 0.7 percent, the least since June, following a 2 percent rise in the prior month.
2020-11-24
Iceland September Producer Inflation at Near 1-1/2-Year High
Producer prices in Iceland jumped 6.8 percent year-on-year in September of 2020, the biggest rise since May of 2019, as prices rebounded sharply for power intensive industry (7.7 percent vs -0.3 percent in August). Increases were also seen in cost of marine products (8.9 percent vs 9.5 percent); other manufacturing industries (5.5 percent, the same pace as in August) and food products (3.2 percent vs 3.5 percent). On a monthly basis, producer prices inched up 2 percent, following a 1.6 percent increase in the prior month.
2020-10-27
Iceland Producer Inflation Highest in 4 months
Producer prices in Iceland went up 4.4 percent year-on-year in August of 2020, the biggest rise in four months. Main increases were seen in cost of marine products (9.5 percent vs 6.8 percent in July), other manufacturing industries (5.5 percent vs 4.3 percent) and food production (3.5 percent vs 3.6 percent). Also, prices of power intensive industry declined less (-0.3 percent vs -3.3 percent). On a monthly basis, producer prices increased 1.6 percent.
2020-09-24