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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
IcelandPPI YoY fell to 7.1 in December 2024
Financial Modeling PrepMonthlyReleased January 2025
PPI YoY fell to 7.1 in December 2024, down 0.1 from November's 7.2 reading. The print came in cooler than the 7.5 consensus, a softer print than forecasters anticipated. The print is running well above the 12-month average of 1.54. Over the past 3 months, PPI YoY averaged 6.0, vs 6.1 in the prior 3-month window. The reading is in the 91st percentile of the trailing 24-month range.
Latest Release
7.1
Actual
7.5
Consensus
7.2
Previous
The January 2025 reading fell from the previous value of 7.2. Historically, this indicator is positively correlated with EUR/USD (Watch) and negatively correlated with USD/JPY (Watch).
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PPI YoY - IS
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