Producer prices in Iceland rose 7.8 percent year-on-year in May of 2019, easing from a 10.2 percent gain in the previous month. It was the lowest producer inflation since February, as power intensive industry cost fell (-1.0 percent vs 10 percent in April). On the other hand, prices advanced faster for marine products (18.5 percent vs 16.2 percent); food production (5.2 percent vs 4.1 percent) and other manufacturing industries (12.7 percent vs 9.1 percent). On a monthly basis, producer prices went up 1.3 percent, following a 0.5 percent increase in April. Producer Prices Change in Iceland averaged 5.46 percent from 2007 until 2019, 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.

Producer Prices Change in Iceland is expected to be 5.30 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 5.50 in 12 months time. In the long-term, the Iceland Producer Prices Change is projected to trend around 4.00 percent in 2020, according to our econometric models.

Iceland Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-28 09:00 AM PPI YoY Feb 5.6% -1% 7.5%
2019-04-30 09:00 AM PPI YoY Mar 8.2% 5.6% 7.2%
2019-05-29 09:00 AM PPI YoY Apr 10.2% 8.2% 6.5%
2019-06-27 09:00 AM PPI YoY May 7.8% 10.2% 6%
2019-07-23 09:00 AM PPI YoY Jun 7.8% 5.3%
2019-08-30 09:00 AM PPI YoY Jul 6.1%
2019-09-30 09:00 AM PPI YoY Aug 7.5%


Iceland Prices Last Previous Highest Lowest Unit
Inflation Rate 3.10 3.30 25.20 -0.06 percent [+]
Consumer Price Index CPI 468.80 469.80 469.80 4.00 Index Points [+]
Harmonised Consumer Prices 103.50 101.90 103.50 42.80 Index Points [+]
Core Consumer Prices 262.70 263.40 263.40 100.00 Index Points [+]
Core Inflation Rate 2.70 3.10 18.16 1.09 percent [+]
GDP Deflator 186.26 180.35 186.26 3.24 Index Points [+]
Producer Prices 212.60 209.90 224.80 99.80 Index Points [+]
Export Prices 202.40 187.47 221.28 0.03 Index Points [+]
Import Prices 221.68 197.40 262.20 0.04 Index Points [+]
Producer Prices Change 7.80 10.20 68.50 -12.40 percent [+]
Inflation Rate Mom -0.20 0.40 10.40 -1.50 percent [+]
Food Inflation 4.70 4.80 31.18 -6.45 percent [+]
CPI Housing Utilities 457.90 457.00 457.90 94.00 Index Points [+]
CPI Transportation 161.09 159.35 183.10 100.30 Index Points [+]


Iceland Producer Prices Change

This page provides - Iceland Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.80 10.20 68.50 -12.40 2007 - 2019 percent Monthly




Country Last Previous
Argentina 65.90 May/19
Australia 1.90 Mar/19
Brazil 7.30 Jun/19
Canada 0.60 May/19
China 0.00 Jun/19
Euro Area 1.60 May/19
France 0.80 May/19
Germany 1.20 Jun/19
India 2.02 Jun/19
Indonesia 1.93 May/19
Italy 1.50 May/19
Japan -0.10 Jun/19
Mexico 3.18 May/19
Netherlands 2.09 May/19
Russia 4.10 Jun/19
Saudi Arabia 2.20 May/19
Singapore -2.50 May/19
South Africa 6.40 May/19
South Korea 0.10 Jun/19
Spain 1.10 May/19
Switzerland -1.40 Jun/19
Turkey 25.04 Jun/19
United Kingdom 1.60 Jun/19
United States 1.70 Jun/19


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