Harmonised Inflation Rate YoY in Iceland decreased to 3.70 percent in July from 3.90 percent in June of 2025. Harmonised Inflation Rate YoY in Iceland averaged 3.94 percent from 1996 until 2025, reaching an all time high of 21.90 percent in January of 2009 and a record low of -2.70 percent in September of 2017. source: EUROSTAT

Related	Last	Previous	Unit	Reference
Harmonised Consumer Prices	134.72	134.07	points	Jul 2025
Harmonised Inflation Rate MoM	0.50	1.80	percent	Jul 2025
Harmonised Inflation Rate YoY	3.70	3.90	percent	Jul 2025
Inflation Rate YoY	3.80	4.00	percent	Aug 2025

Iceland Harmonised Inflation Rate YoY

The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.