Iceland’s producer prices increased 5.5% year-on-year in February 2025, following a 4.6% rise in the previous month. Costs rose more sharply in the metal industry (5.2% vs 0.2% in January) and exported products (5.8% vs 4.4%), while prices in food production edged up to 7.4% from 7.3%. At the same time, costs for exported products excluding marine products declined at a slower pace (-0.3% vs -3.3%). On the other hand, producer inflation for products sold domestically moderated to 4.6% from 5.0%, while prices in other manufacturing industries remained unchanged at -5.0%. On a monthly basis, producer prices rose 1.7% in February from 0.2% in the preceding period. source: Statistics Iceland

Producer Prices in Iceland increased 5.50 percent in February of 2026 over the same month in the previous year. Producer Prices Change in Iceland averaged 5.64 percent from 2007 until 2026, 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 April of 2026.

Producer Prices in Iceland increased 5.50 percent in February of 2026 over the same month in the previous year. Producer Prices Change in Iceland is expected to be 3.60 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 3.00 percent in 2027 and 2.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-24 09:00 AM
PPI YoY
Jan 4.6% 5.9% 5.1%
2026-03-24 09:00 AM
PPI YoY
Feb 5.5% 4.6% 4.3%
2026-04-22 09:00 AM
PPI YoY
Mar 5.5% 3.6%


Related Last Previous Unit Reference
CPI 678.30 674.60 points Mar 2026
Core Consumer Prices 102.90 102.50 points Mar 2026
Core Inflation Rate 6.70 6.80 percent Mar 2026
CPI Housing Utilities 101.10 100.90 points Mar 2026
CPI Transportation 104.30 102.50 points Mar 2026
Food Inflation 5.80 5.60 percent Mar 2026
GDP Deflator 141.86 138.70 points Dec 2025
Inflation Rate YoY 5.40 5.20 percent Mar 2026
Inflation Rate MoM 0.60 0.90 percent Mar 2026
Producer Prices 320.70 315.40 points Feb 2026
PPI YoY 5.50 4.60 percent Feb 2026


Iceland Producer Prices Change
Actual Previous Highest Lowest Dates Unit Frequency
5.50 4.60 68.50 -12.40 2007 - 2026 percent Monthly

News Stream
Iceland Producer Inflation Rises in February
Iceland’s producer prices increased 5.5% year-on-year in February 2025, following a 4.6% rise in the previous month. Costs rose more sharply in the metal industry (5.2% vs 0.2% in January) and exported products (5.8% vs 4.4%), while prices in food production edged up to 7.4% from 7.3%. At the same time, costs for exported products excluding marine products declined at a slower pace (-0.3% vs -3.3%). On the other hand, producer inflation for products sold domestically moderated to 4.6% from 5.0%, while prices in other manufacturing industries remained unchanged at -5.0%. On a monthly basis, producer prices rose 1.7% in February from 0.2% in the preceding period.
2026-03-24
Iceland Producer Inflation Slows to 4.6%
Iceland’s producer price rose 4.6% year-on-year in January 2026, slowing from 5.9% in December. Price growth for marine products eased to 19.8% from 21.8% in December, while exported products saw a slower rise of 4.4% compared with 6.0%. Deflation persisted for exported products excluding marine products, which fell further to -3.6% from -2.2%, and for products sold domestically, which eased to -5.0% from -5.5%. Food production costs continued to rise but at a more moderate pace of 7.3% from 7.7%. The metal industry moved slightly into positive territory at 0.2%, after a decline of 1.6% in the prior month, while growth in other manufacturing industries softened to 7.3% from 7.7%. On a monthly basis, producer prices increased by just 0.2% in January, the smallest gain since late July, sharply easing from a 1.4% rise in December.
2026-02-24
Iceland Producer Inflation Hits 9-Month High
Iceland’s producer price climbed by 5.9% year-on-year in December 2025, accelerating from a 3.8% increase in the previous month. This marked the highest reading since March, driven by a sharp increase in marine products (21.8% vs 17.8% in November), and exported products (6% vs 2.8%). At the same time, deflation eased in the metal industry (-1.6% vs -2.8%), other manufacturing industries (-0.7% vs -3.6%), and exported products excluding marine products (-2.2% vs -4.9%). On the other hand, inflation moderated for products sold domestically (5.5% vs 6%), and food production (7.7% vs 8.2%). On a monthly basis, producer prices increased by 1.4%, slowing from 3.7% in November.
2026-01-23