Iceland Inflation Rate  1989-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Iceland increased 1.1 percent year-on-year in July of 2016, easing from a 1.6 percent rise in the previous month. It is the lowest figure since February of 2015. Inflation Rate in Iceland averaged 5.29 percent from 1989 until 2016, reaching an all time high of 25.20 percent in December of 1989 and a record low of -0.06 percent in November of 1994. Inflation Rate in Iceland is reported by the Statistics Iceland.

Iceland Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
1.10 1.60 25.20 -0.06 1989 - 2016 percent Monthly
Jan 2008=100
In Iceland, the most important category in the consumer price index is Housing and Utilities (29.3 percent of total weight). Transport accounts for 14.9 percent; Food and Non-Alcoholic Beverages for 14.7 percent; Recreation and Culture for 10.3 percent; Miscellaneous Goods and Services for 6.2 percent and Restaurants and Hotels for 5.4 percent. Furniture, Household Goods and Maintenance; Health; Clothing and Footwear; Alcoholic beverages and Tobacco; Communication and Education account for the remaining 19.2 percent of total weight. This page provides - Iceland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-27 09:00 AM May 1.7% 1.6% 1.7% 1.7%
2016-06-28 09:00 AM Jun 1.6% 1.7% 1.8%
2016-07-22 09:00 AM Jul 1.1% 1.6% 1.7%
2016-08-26 09:00 AM Aug 1.1% 1.2%
2016-09-29 09:00 AM Sep 1.5%
2016-10-27 09:00 AM Oct 1.7%

Iceland Prices Last Previous Highest Lowest Unit
Inflation Rate 1.10 1.60 25.20 -0.06 percent [+]
Harmonised Consumer Prices 102.50 101.60 102.50 42.80 Index Points [+]
Consumer Price Index CPI 434.90 436.30 436.30 4.00 Index Points [+]
Core Consumer Prices 244.00 245.00 245.00 100.00 Index Points [+]
Core Inflation Rate 1.50 2.10 18.16 1.09 percent [+]
GDP Deflator 171.98 162.43 171.98 3.24 Index Points [+]
Producer Prices 201.30 201.40 224.80 99.80 Index Points [+]
Export Prices 216.01 211.91 221.28 0.03 Index Points [+]
Import Prices 236.74 247.95 262.20 0.04 Index Points [+]
Cpi Transportation 164.35 163.00 183.10 100.30 Index Points [+]
Food Inflation 2.10 1.50 31.18 -6.45 percent [+]
Inflation Rate Mom -0.30 0.18 10.40 -1.50 percent [+]
Producer Prices Change -9.30 -9.50 68.50 -12.30 percent [+]




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