Iceland's producer prices surged by 16.8% year-on-year in May 2026, marking the highest level since July 2022, up from 12% in the previous month. Metal products increased the most, surging 38.1% compared to 16.9% in April. Exported products excluding marine products saw a strong increase to 25.8% from 13.6%, while exported product inflation also accelerated, rising 23.2% from 15.8%. In contrast, price increases for products sold domestically eased to 3.6% from 3.9%. Meanwhile, producer inflation eased for other components, including marine products (19.6% vs 19.9%) and food production (5.5% vs 6.1%). On a monthly basis, producer prices rose 2% in May, following a 2.3% rise in the previous month. source: Statistics Iceland
Producer Prices in Iceland increased 16.80 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Iceland averaged 5.73 percent from 2007 until 2026, 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 June of 2026.
Producer Prices in Iceland increased 16.80 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Iceland is expected to be 9.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Producer Prices Change is projected to trend around 3.00 percent in 2027 and 2.50 percent in 2028, according to our econometric models.