Iceland Inflation Rate  1989-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Iceland rose 1.9 percent year-on-year in January of 2017, at the same pace as in December. Cost increased further for housing and utilities (+9.6 percent vs +9.2 percent in December) but rose at a slower pace for miscellaneous goods and services (+2.5 percent from +3 percent). Additional upward pressure came from: hotels and restaurants (+5.4 percent) and recreation and culture (+0.1 percent). By contrast, cost fell for transport (-3.8 percent vs -3 percent) and food (-0.6 percent from -0.1 percent). On a monthly basis, prices declined 0.6 percent. Inflation Rate in Iceland averaged 5.23 percent from 1989 until 2017, 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.

Iceland Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-25 09:00 AM Nov 2.1% 1.8% 1.9%
2016-12-22 09:05 AM Dec 1.9% 2.1% 2.2%
2017-01-27 09:00 AM Jan 1.9% 1.9% 2.1%
2017-02-27 09:00 AM Feb 1.9% 2.1%
2017-03-28 09:00 AM Mar 1.58%
2017-04-27 09:00 AM Apr 1.57%




Iceland Prices Last Previous Highest Lowest Unit
Inflation Rate 1.90 1.90 25.20 -0.06 percent [+]
Harmonised Consumer Prices 99.80 99.70 102.90 42.80 Index Points [+]
Consumer Price Index CPI 436.50 439.00 439.00 4.00 Index Points [+]
Core Consumer Prices 245.20 247.20 247.20 100.00 Index Points [+]
Core Inflation Rate 1.87 2.04 18.16 1.09 percent [+]
GDP Deflator 171.98 162.43 171.98 3.24 Index Points [+]
Producer Prices 189.60 190.10 224.80 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 153.45 156.79 183.10 100.30 Index Points [+]
Food Inflation -0.60 -0.10 31.18 -6.45 percent [+]
Inflation Rate Mom -0.60 0.10 10.40 -1.50 percent [+]
Producer Prices Change -6.10 -7.00 68.50 -12.30 percent [+]



Iceland Inflation Rate Notes

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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.90 25.20 -0.06 1989 - 2017 percent Monthly
Jan 2008=100



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Afghanistan 4.60 Nov/16
Albania 2.80 Jan/17
Algeria 6.95 Dec/16
Angola 40.39 Jan/17
Argentina 40.50 Apr/16
Armenia -0.60 Jan/17
Aruba -0.30 Dec/16
Australia 1.50 Dec/16
Austria 2.00 Jan/17
Azerbaijan 11.90 Jan/17
Bahamas 0.80 Dec/16
Bahrain 0.80 Jan/17
Bangladesh 5.15 Jan/17
Barbados -0.60 Jul/16
Belarus 9.50 Jan/17
Belgium 2.65 Jan/17
Belize 1.10 Dec/16
Benin -2.80 Dec/16
Bhutan 3.71 Dec/16
Bolivia 3.68 Jan/17
Bosnia and Herzegovina -0.20 Dec/16
Botswana 3.10 Jan/17
Brazil 5.35 Jan/17
Brunei -0.20 Jan/17
Bulgaria 1.40 Jan/17
Burkina Faso -1.70 Dec/16
Burundi 12.90 Jan/17
Cambodia 3.61 Nov/16
Cameroon 0.55 Sep/17
Canada 2.10 Jan/17
Cape Verde -1.40 Dec/16
Cayman Islands 0.60 Dec/16
Central African Republic 38.04 Feb/16
Chad -4.40 Oct/16
Chile 2.80 Jan/17
China 2.50 Jan/17
Colombia 5.47 Jan/17
Comoros 1.40 Dec/14
Congo 33.89 Jan/17
Costa Rica 0.66 Jan/17
Croatia 0.90 Jan/17
Cuba 4.50 Dec/16
Cyprus 0.50 Jan/17
Czech Republic 2.20 Jan/17
Denmark 0.90 Jan/17
Djibouti 2.40 Dec/16
Dominican Republic 2.33 Jan/17
East Timor -0.30 Jan/17
Ecuador 0.90 Jan/17
Egypt 28.10 Jan/17
El Salvador -0.26 Jan/17
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 2.70 Jan/17
Ethiopia 6.10 Jan/17
Euro Area 1.80 Jan/17
European Union 1.20 Dec/16
Fiji 6.80 Jan/17
Finland 0.80 Jan/17
France 1.30 Jan/17
Gabon 2.09 Feb/16
Gambia 7.43 Sep/16
Georgia 3.90 Jan/17
Germany 1.90 Jan/17
Ghana 13.30 Jan/17
Greece 1.20 Jan/17
Guatemala 3.83 Jan/17
Guinea 8.70 Dec/16
Guinea Bissau 1.60 Dec/16
Guyana 1.40 Dec/16
Haiti 14.10 Jan/17
Honduras 3.44 Jan/17
Hong Kong 1.30 Jan/17
Hungary 2.30 Jan/17
Iceland 1.90 Jan/17
India 3.17 Jan/17
Indonesia 3.49 Jan/17
Iran 9.60 Jan/17
Iraq -0.70 Dec/16
Ireland 0.30 Jan/17
Israel 0.10 Jan/17
Italy 1.00 Jan/17
Ivory Coast 1.10 Jan/17
Jamaica 2.60 Jan/17
Japan 0.30 Dec/16
Jordan 2.50 Jan/17
Kazakhstan 7.90 Jan/17
Kenya 6.99 Jan/17
Kosovo 1.70 Jan/17
Kuwait 3.51 Dec/16
Kyrgyzstan 0.50 Jan/17
Laos 2.27 Jan/17
Latvia 2.90 Jan/17
Lebanon 4.68 Jan/17
Lesotho 5.30 Dec/16
Liberia 8.50 Sep/16
Libya 29.40 Sep/16
Liechtenstein 0.30 Jan/17
Lithuania 2.30 Jan/17
Luxembourg 1.70 Jan/17
Macau 1.76 Jan/17
Macedonia 0.60 Jan/17
Madagascar 7.00 Dec/16
Malawi 18.20 Jan/17
Malaysia 3.20 Jan/17
Maldives 1.80 Dec/16
Mali -0.80 Dec/16
Malta 1.40 Jan/17
Mauritania 2.80 Dec/16
Mauritius 1.80 Jan/17
Mexico 4.72 Jan/17
Moldova 3.00 Jan/17
Mongolia 3.30 Jan/17
Montenegro 0.90 Dec/16
Morocco 2.10 Jan/17
Mozambique 20.56 Jan/17
Myanmar 11.38 May/16
Namibia 8.20 Jan/17
Nepal 3.20 Jan/17
Netherlands 1.70 Jan/17
New Caledonia 0.60 Dec/16
New Zealand 1.30 Dec/16
Nicaragua 3.88 Jan/17
Niger -2.20 Dec/16
Nigeria 18.72 Jan/17
North Korea 55.00 Jul/13
Norway 2.80 Jan/17
Oman 1.80 Jan/17
Pakistan 3.66 Jan/17
Palestine -0.26 Jan/17
Panama 1.60 Jan/17
Papua New Guinea 6.80 Sep/16
Paraguay 1.90 Jan/17
Peru 3.10 Jan/17
Philippines 2.70 Jan/17
Poland 1.80 Jan/17
Portugal 1.30 Jan/17
Puerto Rico 0.50 Dec/16
Qatar 1.20 Jan/17
Republic of the Congo 3.70 Apr/15
Romania 0.10 Jan/17
Russia 5.00 Jan/17
Rwanda 12.00 Jan/17
Sao Tome and Principe 4.70 Jan/17
Saudi Arabia -0.40 Jan/17
Senegal 1.80 Jan/17
Serbia 2.40 Jan/17
Seychelles -0.60 Jan/17
Sierra Leone 15.26 Nov/16
Singapore 0.60 Jan/17
Slovakia 0.70 Jan/17
Slovenia 1.30 Jan/17
Somalia -4.00 Dec/14
South Africa 6.60 Jan/17
South Korea 2.00 Jan/17
South Sudan 479.70 Dec/16
Spain 3.00 Jan/17
Sri Lanka 5.60 Jan/17
Sudan 30.47 Dec/16
Suriname 52.40 Dec/16
Swaziland 8.70 Dec/16
Sweden 1.40 Jan/17
Switzerland 0.30 Jan/17
Syria 52.50 Jul/16
Taiwan 2.25 Jan/17
Tajikistan 5.30 Jan/17
Tanzania 5.20 Jan/17
Thailand 1.55 Jan/17
Togo 0.40 Dec/16
Trinidad and Tobago 2.90 Nov/16
Tunisia 4.60 Jan/17
Turkey 9.22 Jan/17
Turkmenistan 6.17 Dec/16
Uganda 5.90 Jan/17
Ukraine 12.60 Jan/17
United Arab Emirates 2.60 Nov/16
United Kingdom 1.80 Jan/17
United States 2.50 Jan/17
Uruguay 8.30 Jan/17
Uzbekistan 5.70 Dec/16
Venezuela 800.00 Dec/16
Vietnam 5.22 Jan/17
Yemen 9.49 Nov/14
Zambia 6.80 Feb/17
Zimbabwe -0.65 Jan/17