Producer prices in Iceland surged 29.6 percent year-on-year in April of 2022, following a 27.1 percent jump in the previous month. It was the highest reading since February of 2010, as prices rose faster for all industries, led by the metal industry (70.6 percent vs 65.4 percent); followed by the marine products industry (16.4 percent vs 16.1 percent); other manufacturing industries (11.1 percent vs 8.0 percent); and lastly, food production (7.5 percent vs 6.8 percent). On a monthly basis, producer prices went up 3.5 percent after a 13-year high rise of 6.2 percent in March. source: Statistics Iceland
Producer Prices Change in Iceland averaged 6.07 percent from 2007 until 2022, 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 2022.
Producer Prices Change in Iceland is expected to be 18.00 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 18.50 percent in 2023, according to our econometric models.