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Thursday, the Statistics Iceland announced that the producer price index climbed 12.4% year-over-year in September, slower than a 13.8% rise in the previous month. Annually, producer prices have been rising in double digits since March last year.
Producer prices for domestically sold goods grew 13% in September, while that for exported goods, increased 10%.
Month-on-month, producer prices increased 2.7% in September, slower than a 3.3% rise in August.
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