Producer Prices in Iceland increased 12.20 percent in June of 2021 over the same month in the previous year. source: Statistics Iceland

Producer Prices Change in Iceland averaged 5.34 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 August of 2021.

Producer Prices Change in Iceland is expected to be 7.80 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
12.20 9.20 68.50 -12.40 2007 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-29 09:00 AM Mar 4.9% 6.3%
2021-05-27 09:00 AM Apr 4.1% 4.9% 3.4%
2021-06-29 09:00 AM May 9.2% 4.1% 9%
2021-07-23 09:00 AM Jun 12.2% 9.2% 11.8%
2021-08-30 09:00 AM Jul
2021-09-28 09:00 AM Aug
2021-10-27 09:00 AM Sep
2021-11-25 09:00 AM Oct


News Stream
Iceland Producer Inflation Picks Up to 2-Year High at 9.2%
Producer prices in Iceland surged 9.2 percent year-on-year in May of 2021, accelerating from a 4.1 percent rise in the previous month. It was the highest producer inflation since April 2019, as cost advanced faster for power intensive industry (34.3 percent vs 17.4 percent in April) and other manufacturing industries (2.6 percent vs 2.3 percent). Meantime, inflation was steady for food production (at 2.8 percent) and prices fell at a softer pace for marine products (-5.2 percent vs -6.7 percent). On a monthly basis, producer prices went up 1.1 percent, following a 1.5 percent gain in April.
2021-06-29
Iceland Producer Inflation Slows to 9-Month Low
Producer inflation in Iceland edged down to 4.1 percent in April 2021 from 4.9 percent in the prior month. It was the smallest rise in producer prices since July of 2020, as cost eased for other manufacturing industries (2.3 percent vs 4.6 percent in March); exported products (4.4 percent vs 5.2 percent) and marine products fell further (-6.7 percent vs -3.6 percent). Meantime, prices rose for food production (2.8 percent vs 2.2 percent); power intensive industry (17.4 percent vs 15.3 percent) and cost rebounded for products sold domestically (0.7 percent vs -0.1 percent). On a monthly basis, producer prices went up by 1.5 percent, followed by a 1 percent increase in March.
2021-05-27
Iceland Producer Inflation Slows to 7-Month Low
Producer inflation in Iceland decreased to 4.9 percent in March 2021 from 6.3 percent in the prior month. It was the smallest rise in producer prices since August of 2020, as cost eased for food production (2.2 percent vs 3.7 percent); other manufacturing industries (4.6 percent vs 6.8 percent) and products sold domestically (4.0 percent vs 5.1 percent). In addition, prices fell for exported products (-1.5 percent vs 1.5 percent in February) and for marine products (-0.4 percent vs -3.6 percent). On the other hand, power intensive industry cost jumped 15.3 percent, accelerating from a 14 percent rise. On a monthly basis, producer prices went up by 1 percent, rebounding from a 0.5 percent fall in February.
2021-04-29
Iceland Producer Inflation Slows to 7-Month Low
Producer inflation in Iceland decreased to 4.9 percent in March 2021 from 6.3 percent in the prior month. It was the smallest rise in producer prices since August of 2020, as cost eased for food production (2.2 percent vs 3.7 percent); other manufacturing industries (4.6 percent vs 6.8 percent) and products sold domestically (4.0 percent vs 5.1 percent). In addition, prices fell for exported products (-1.5 percent vs 1.5 percent in February) and for marine products (-0.4 percent vs -3.6 percent). On the other hand, power intensive industry cost jumped 15.3 percent, accelerating from a 14 percent rise. On a monthly basis, producer prices went up by 1 percent, rebounding from a 0.5 percent fall in February.
2021-04-29