25 September 2025, 13:04  Iceland: Producer Inflation at 4-Month High

Iceland’s producer prices grew by 1.4% year-on-year in August 2025, recovering from a 0.6% decline in the previous month. This marked the highest reading since April 2025, as costs increased for marine products (12.4% vs 10.0% in July) and products sold domestically (6.7% vs 6.5%). At the same time, prices fell at a slower pace in the metal industry (-7.1% vs -10.7%), other manufacturing industries (-3.8% vs -4.7%), exported products (-0.8% vs -3.6%), and exported products excluding marine products (-7.8% vs -10.8%). Meanwhile, producer inflation moderated for food products (9.1% vs 9.2%). On a monthly basis, producer prices increased by 1.0% in August from 0.1% in the preceding period.

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