Producer Prices in Iceland increased 0.20 percent in November of 2020 over the same month in the previous year. It is the lowest reading in five months. source: Statistics Iceland

Producer Prices Change in Iceland averaged 5.17 percent from 2007 until 2020, 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 January of 2021.

Producer Prices Change in Iceland is expected to be 0.50 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 2.30 in 12 months time. In the long-term, the Iceland Producer Prices Change is projected to trend around 3.00 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

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Iceland Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.70 68.50 -12.40 2007 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-09-24 09:00 AM Aug 4.4% 2.4% 2.5%
2020-10-27 09:00 AM Sep 6.8% 4.4% 4%
2020-11-24 09:00 AM Oct 0.7% 6.8% 6.5%
2020-12-21 09:00 AM Nov 0.2% 0.7%
2021-01-26 09:00 AM Dec 0.2%
2021-02-25 09:00 AM Jan
2021-03-25 09:00 AM Feb
2021-04-29 09:00 AM Mar


News Stream
Iceland October Producer Inflation Lowest in 4 Months
Producer prices in Iceland went up 0.7 percent year-on-year in October of 2020, the smallest rise since June, as prices slowed for marine products (7.4 percent vs 8.9 percent in September). Meanwhile, costs advanced faster for power intensive industry (9.8 percent vs 7.7 percent); other manufacturing industries (7.5 percent vs 5.5 percent) and food products (3.9 percent vs 3.2 percent). On a monthly basis, producer prices increased 0.7 percent, the least since June, following a 2 percent rise in the prior month.
2020-11-24
Iceland September Producer Inflation at Near 1-1/2-Year High
Producer prices in Iceland jumped 6.8 percent year-on-year in September of 2020, the biggest rise since May of 2019, as prices rebounded sharply for power intensive industry (7.7 percent vs -0.3 percent in August). Increases were also seen in cost of marine products (8.9 percent vs 9.5 percent); other manufacturing industries (5.5 percent, the same pace as in August) and food products (3.2 percent vs 3.5 percent). On a monthly basis, producer prices inched up 2 percent, following a 1.6 percent increase in the prior month.
2020-10-27
Iceland Producer Inflation Highest in 4 months
Producer prices in Iceland went up 4.4 percent year-on-year in August of 2020, the biggest rise in four months. Main increases were seen in cost of marine products (9.5 percent vs 6.8 percent in July), other manufacturing industries (5.5 percent vs 4.3 percent) and food production (3.5 percent vs 3.6 percent). Also, prices of power intensive industry declined less (-0.3 percent vs -3.3 percent). On a monthly basis, producer prices increased 1.6 percent.
2020-09-24
Iceland Producer Prices Recover in July
Producer prices in Iceland rose 2.4 percent year-on-year in July of 2020, reversing a 1.2 percent decrease in the previous month. Prices went up for both marine (6.8 percent vs 2.9 percent in June) and food products (3.6 percent, the same pace as in June). In addition, cost fell much less for power-intensive industry (-3.3 percent vs -11 percent). On a monthly basis, producer prices surged 3.3 percent, after falling 2 percent in the previous month.
2020-08-28