Iceland’s producer price rose 4.6% year-on-year in January 2026, slowing from 5.9% in December. Price growth for marine products eased to 19.8% from 21.8% in December, while exported products saw a slower rise of 4.4% compared with 6.0%. Deflation persisted for exported products excluding marine products, which fell further to -3.6% from -2.2%, and for products sold domestically, which eased to -5.0% from -5.5%. Food production costs continued to rise but at a more moderate pace of 7.3% from 7.7%. The metal industry moved slightly into positive territory at 0.2%, after a decline of 1.6% in the prior month, while growth in other manufacturing industries softened to 7.3% from 7.7%. On a monthly basis, producer prices increased by just 0.2% in January, the smallest gain since late July, sharply easing from a 1.4% rise in December. source: Statistics Iceland

Producer Prices in Iceland increased 4.60 percent in January of 2026 over the same month in the previous year. Producer Prices Change in Iceland averaged 5.64 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 March of 2026.

Producer Prices in Iceland increased 4.60 percent in January of 2026 over the same month in the previous year. Producer Prices Change in Iceland is expected to be 3.60 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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-23 09:00 AM
PPI YoY
Dec 5.9% 3.8% 4.5%
2026-02-24 09:00 AM
PPI YoY
Jan 4.6% 5.9% 5.1%
2026-03-24 09:00 AM
PPI YoY
Feb 4.6% 4.3%


Related Last Previous Unit Reference
CPI 674.60 668.30 points Feb 2026
Core Consumer Prices 102.50 101.40 points Feb 2026
Core Inflation Rate 6.80 6.50 percent Feb 2026
CPI Housing Utilities 100.90 100.40 points Feb 2026
CPI Transportation 102.50 102.20 points Feb 2026
Food Inflation 5.60 5.80 percent Feb 2026
GDP Deflator 135.30 133.90 points Jun 2025
Inflation Rate YoY 5.20 5.20 percent Feb 2026
Inflation Rate MoM 0.90 0.40 percent Feb 2026
Producer Prices 315.40 314.80 points Jan 2026
PPI YoY 4.60 5.90 percent Jan 2026


Iceland Producer Prices Change
Actual Previous Highest Lowest Dates Unit Frequency
4.60 5.90 68.50 -12.40 2007 - 2026 percent Monthly

News Stream
Iceland Producer Inflation Slows to 4.6%
Iceland’s producer price rose 4.6% year-on-year in January 2026, slowing from 5.9% in December. Price growth for marine products eased to 19.8% from 21.8% in December, while exported products saw a slower rise of 4.4% compared with 6.0%. Deflation persisted for exported products excluding marine products, which fell further to -3.6% from -2.2%, and for products sold domestically, which eased to -5.0% from -5.5%. Food production costs continued to rise but at a more moderate pace of 7.3% from 7.7%. The metal industry moved slightly into positive territory at 0.2%, after a decline of 1.6% in the prior month, while growth in other manufacturing industries softened to 7.3% from 7.7%. On a monthly basis, producer prices increased by just 0.2% in January, the smallest gain since late July, sharply easing from a 1.4% rise in December.
2026-02-24
Iceland Producer Inflation Hits 9-Month High
Iceland’s producer price climbed by 5.9% year-on-year in December 2025, accelerating from a 3.8% increase in the previous month. This marked the highest reading since March, driven by a sharp increase in marine products (21.8% vs 17.8% in November), and exported products (6% vs 2.8%). At the same time, deflation eased in the metal industry (-1.6% vs -2.8%), other manufacturing industries (-0.7% vs -3.6%), and exported products excluding marine products (-2.2% vs -4.9%). On the other hand, inflation moderated for products sold domestically (5.5% vs 6%), and food production (7.7% vs 8.2%). On a monthly basis, producer prices increased by 1.4%, slowing from 3.7% in November.
2026-01-23
Iceland Producer Inflation at 7-Month High
Iceland’s producer prices rose by 3.8% year-on-year in November 2025, accelerating from a 3% increase in the previous month. This marked the highest reading since April, driven by higher costs of marine products (17.8% vs 14.3% in October) and exported products (2.8% vs 1.5%). Additionally, prices declined at a slower pace in the metal industry (-2.8% vs -4.4%) and exported products excluding marine products (-4.9% vs -5.3%). On the other hand, producer inflation moderated for food production (8.2% vs 8.8%) and products sold domestically (6% vs 6.3%), while prices decreased further for other manufacturing industries (-3.6% vs -2.5%). On a monthly basis, producer prices climbed by 3.7% in November, the sharpest since March 2022, following a 1.2% gain in the preceding period.
2025-12-22