Iceland's industrial producer price inflation increased in March to the highest level in just over a year, figures from Statistics Iceland showed on Wednesday.
The industrial producer price index rose 8.6 percent yearly in March, faster than the 5.5 percent increase in the previous month.
Moreover, this was the quickest increase since February 2025, when prices climbed 9.5 percent.
The annual price growth for marine products accelerated to 21.1 percent from 17.5 percent, and that for the metal industry quickened to 6.1 percent from 5.2 percent. Meanwhile, prices for food production rose at a stable rate of 7.4 percent.
The price index for exported products grew 10.4 percent, and those for domestic industries climbed by 4.7 percent.
On a monthly basis, producer prices increased 1.9 percent after rising 1.7 percent in February.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.