Iceland June Producer Price Inflation Slows

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Thursday, the Statistics Iceland announced that the producer price index or PPI rose 11% year-over-year in June, slower than the 13.9% growth in the previous month. A year earlier, the PPI was up 29.5%.

On a monthly basis, the PPI increased 1.1% in June, compared with the 2.4% increase in the precing month.

Thursday, the Statistics Iceland announced that the producer price index or PPI rose 11% year-over-year in June, slower than the 13.9% growth in the previous month. A year earlier, the PPI was up 29.5%. (Market News Provided by RTTNews)