Iceland’s producer prices jumped 12% year-on-year in April 2026 from a thirteen-month high of 8.6% in the previous month. The latest figure marked the highest reading since September 2022, mainly due to higher costs for metal products (16.9% vs 6.1% in March), exported products (15.8% vs 10.4%), and exported products excluding marine products (13.6% vs 4.6%). On the other hand, price growth moderated in marine products (19.9% vs 21.1%), food production (6.1% vs 7.4%), and products sold domestically (3.9% vs 4.7%). On a monthly basis, producer prices advanced by 2.3% in April, following a 1.9% gain in the preceding period, marking the highest level since November 2025.