Iceland’s producer prices rose by 3.1% year-on-year in September 2025, following a 1.4% increase in the previous month. This marked the highest reading since May, driven by higher costs for marine products (13% vs 12.4% in August), food production (10.4% vs 9.1%), and products sold domestically (7.2% vs 6.7%). At the same time, costs recovered for exported products (1.3% vs -0.8%), while prices fell at a slower pace in the metal industry (-2.3% vs -7.1%) and for exported products excluding marine products (-4.9% vs -7.8%). On a monthly basis, producer prices increased by 0.9% in September, following a 1% rise in the preceding period.