Iceland’s producer prices rose by 5.4% year-on-year in April 2025, slowing from an 8.3% increase in the previous month.
This marked the lowest producer inflation since October 2024, as prices moderated for exported products, excluding marine products (2.6% vs. 10.5% in March), exported products (5.6% vs. 10.1%), and metal industry (9.6% vs. 17.6%).
Additionally, costs declined further for other manufacturing industries (-5.1% vs -1.7%).
Meanwhile, producer inflation increased at a faster pace for marine products (10.7% vs 9.3%), food production (6.2% vs 5.3%), and products sold domestically (4.6% vs 3.9%).
On a monthly basis, producer prices fell by 0.8% in April, easing from a 1.0% drop in the preceding period.