Producer prices in Iceland fell 7% year-on-year in April 2023, following a 1% drop in March and logging the second month of negative readings. Prices continued to decrease for the metal industry (-32.4% vs -21.8% in March) and exported products, excluding marine products (-28% vs -17.9%). At the same time, costs rose less for marine products (10% vs 10.4%), products sold domestically (10.7% vs 13.2%), other manufacturing industries (11.2% vs 15.4%), and food production (12.2% vs 13%). Monthly, producer prices fell by 2.7% in April, accelerating a 2.6% decline in the previous period. source: Statistics Iceland
Producer Prices Change in Iceland averaged 6.34 percent from 2007 until 2023, 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 2023.
Producer Prices Change in Iceland is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.