Producer prices in Iceland rose by 27.2% year-on-year in May of 2022, slowing from a 29.6% jump in the prior month, amid a slowdown in prices for the metal industry (56% vs 70.6% in April). Meanwhile, costs accelerated further for marine products (18.8% vs 16.4%), other manufacturing industries (13% vs 11.1%) and food (8.6% vs 7.5%). On a monthly basis, producer prices decreased by 0.7%, following a 3.5% rise in the previous month. source: Statistics Iceland
Producer Prices Change in Iceland averaged 6.18 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 July 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.