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  1. Main
  2. Statistics
  3. Inflation Rate YoY
  4. Iceland

Iceland Inflation Data: Rate, CPI, Food, Harmonised

Iceland Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 598 index points Aug/23
Food Inflation 12.2 % Aug/23
Inflation Rate YoY 7.7 % Aug/23
Inflation Rate Mom 0.3 % Aug/23
Core Consumer Prices 333 Index Points Aug/23
Core Inflation Rate 7.79 % Aug/23
CPI Housing Utilities 628 Index Points Aug/23
CPI Transportation 194 Index Points Aug/23
Harmonised Consumer Prices 124 Index Points Aug/23


Latest data on Consumer Price Index (CPI) (index points)

Consumer Price Index (CPI) Iceland - Historical Data (index points)

What is CPI Index in Iceland?

  • Consumer Price Index in Iceland increased to 598 index points in August 2023. The maximum level was 501 index points and minimum was 4 index points.
  • Data published Monthly by Statistics.

Historical Data (index points) by years

Data
Period
Date
598 Aug/23 30.08.2023
596 Jul/23 21.07.2023
596 Jun/23 28.06.2023
591 May/23 26.05.2023
588 Apr/23 27.04.2023
581 Mar/23 28.03.2023
577 Feb/23 27.02.2023
569 Jan/23 30.01.2023


Historical Chart by presidents (index points)

Inflation Rate YoY Gudni Thorlacius Johannesson

Consumer Price Index (CPI) in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Gudni Thorlacius Johannesson 01.08.2016 - 442.9000 451.8000 452.2000 442.9000 2.01%


Latest data on Food Inflation (%)

Food Inflation Iceland - Historical Data (%)

What is Food Inflation in Iceland?

  • Food Inflation in Iceland increased by 12.2 % in August 2023 over the same month in the previous year. The maximum level was 31.18 % and minimum was -6.45 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
12.2 Aug/23 30.08.2023
12.4 Jul/23 24.08.2023
12.1 Jun/23 28.06.2023
12.3 May/23 26.05.2023
12.5 Apr/23 27.04.2023
12.3 Mar/23 28.03.2023
10.8 Jan/23 30.01.2023
10.1 Dec/22 22.12.2022


Historical Chart by YoY presidents (%)

Inflation Rate YoY Gudni Thorlacius Johannesson

Food Inflation in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Gudni Thorlacius Johannesson 01.08.2016 - -4.3000 1.4000 1.6000 -5.0000 -132.56%


Latest data on Inflation Rate YoY (%)

Inflation Rate YoY Iceland - Historical Data (%)

What is Inflation Rate in Iceland?

  • Inflation Rate in Iceland increased by 7.7 % in August 2023 over the same month in the previous year. The maximum level was 25.2 % and minimum was -0.06 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
7.7 Aug/23 30.08.2023
7.6 Jul/23 21.07.2023
8.9 Jun/23 28.06.2023
9.5 May/23 26.05.2023
9.9 Apr/23 27.04.2023
9.8 Mar/23 28.03.2023
10.2 Feb/23 27.02.2023
9.9 Jan/23 30.01.2023


Historical Chart by YoY presidents (%)

Inflation Rate YoY Gudni Thorlacius Johannesson

Inflation Rate YoY in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Gudni Thorlacius Johannesson 01.08.2016 - 2.0000 2.0000 2.0000 2.0000 0.00%


Latest data on Inflation Rate Mom (%)

Inflation Rate Mom Iceland - Historical Data (%)

What is inflation rate in Iceland 2023?

  • Inflation Rate in Iceland increased by 0.3 % in August 2023 over the previous month. The maximum level was 10.4 % and minimum was -1.5 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
0.3 Aug/23 30.08.2023
0.03 Jul/23 21.07.2023
0.9 Jun/23 28.06.2023
0.4 May/23 26.05.2023
1.3 Apr/23 27.04.2023
0.6 Mar/23 28.03.2023
1.4 Feb/23 27.02.2023
0.9 Jan/23 30.01.2023


Historical Chart by MoM presidents (%)

Inflation Rate YoY Gudni Thorlacius Johannesson

Inflation Rate Mom in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Gudni Thorlacius Johannesson 01.08.2016 - -0.1000 -0.1000 -0.1000 -0.1000 0.00%


Latest data on Core Consumer Prices (Index Points)

Core Consumer Prices Iceland - Historical Data (Index Points)

What is Core CPI in Iceland?

  • Core Consumer Prices in Iceland increased to 333 Index Points in August 2023. The maximum level was 282 Index Points and minimum was 100 Index Points.
  • Data published Monthly by Statistics.

Historical Data (Index Points) by years

Data
Period
Date
333 Aug/23 30.08.2023
332 Jul/23 22.07.2023
332 Jun/23 14.07.2023
329 May/23 26.05.2023
328 Apr/23 27.04.2023
323 Mar/23 28.03.2023
321 Feb/23 04.03.2023
317 Jan/23 30.01.2023


Historical Chart by presidents (Index Points)

Core Consumer Prices in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Core Inflation Rate (%)

Core Inflation Rate Iceland - Historical Data (%)

What is Iceland Core Inflation Rate?

  • Core Inflation Rate in Iceland increased by 7.79 % in August 2023. The maximum level was 18.16 % and minimum was 1.09 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
7.79 Aug/23 30.08.2023
7.89 Jul/23 22.07.2023
9.24 Jun/23 14.07.2023
9.41 May/23 26.05.2023
9.67 Apr/23 27.04.2023
9.41 Mar/23 28.03.2023
9.51 Feb/23 04.03.2023
9.13 Jan/23 30.01.2023


Historical Chart by YoY presidents (%)

Core Inflation Rate in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on CPI Housing Utilities (Index Points)

CPI Housing Utilities Iceland - Historical Data (Index Points)

What is Iceland CPI Index for Housing Utilities?

  • CPI Housing Utilities in Iceland remained unchanged at 628 Index Points in August 2023. The maximum level was 494 Index Points and minimum was 94 Index Points.
  • Data published Monthly by Statistics.

Historical Data (Index Points) by years

Data
Period
Date
628 Aug/23 30.08.2023
628 Jul/23 22.07.2023
628 Jun/23 14.07.2023
621 May/23 26.05.2023
615 Apr/23 27.04.2023
604 Mar/23 28.03.2023
600 Feb/23 04.03.2023
598 Jan/23 30.01.2023


Historical Chart by presidents (Index Points)

CPI Housing Utilities in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on CPI Transportation (Index Points)

CPI Transportation Iceland - Historical Data (Index Points)

What is Iceland CPI Index for Transportation?

  • CPI Transportation in Iceland decreased to 194 Index Points in August 2023. The maximum level was 183 Index Points and minimum was 100 Index Points.
  • Data published Monthly by Statistics.

Historical Data (Index Points) by years

Data
Period
Date
194 Aug/23 30.08.2023
196 Jul/23 22.07.2023
193 Jun/23 14.07.2023
191 May/23 26.05.2023
194 Apr/23 27.04.2023
190 Mar/23 28.03.2023
189 Feb/23 04.03.2023
189 Jan/23 30.01.2023


Historical Chart by presidents (Index Points)

CPI Transportation in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Harmonised Consumer Prices (Index Points)

Harmonised Consumer Prices Iceland - Historical Data (Index Points)

What is Harmonised CPI in Iceland?

  • Harmonised Consumer Prices in Iceland remained unchanged at 124 Index Points in August 2023. The maximum level was 108 Index Points and minimum was 42.75 Index Points
  • Data published Monthly by Statistics.

Historical Data (Index Points) by years

Data
Period
Date
124 Aug/23 23.09.2023
124 Jul/23 18.08.2023
123 Jun/23 22.07.2023
121 May/23 17.06.2023
121 Apr/23 20.05.2023
120 Mar/23 22.04.2023
119 Feb/23 18.03.2023
117 Jan/23 24.02.2023


Historical Chart by presidents (Index Points)

Harmonised Consumer Prices in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other inflation indicators in Iceland

Index Updated Actual Previous
Gasoline Prices Sep/23 2.36 USD/Liter 2.39
GDP Deflator 2022 134 in. pt. 121
Producer Prices Aug/23 272 in. pt. 275

Inflation Rate YoY in other countries

Country Updated Actual Previous
Austria Aug/23 7.4 % 7
Ireland Aug/23 6.3 % 5.8
Luxembourg Aug/23 4.2 % 3.7
Spain Aug/23 2.6 % 2.3
Iceland Aug/23 7.7 % 7.6
Norway Aug/23 4.8 % 5.4
Belarus Aug/23 2.3 % 2.46
Belgium Aug/23 4.09 % 4.14
Bulgaria Aug/23 7.7 % 8.5
Croatia Aug/23 7.8 % 7.3
Cyprus Aug/23 2.65 % 1.47
Czech Republic Aug/23 8.5 % 8.8
Denmark Aug/23 2.4 % 3.1
Estonia Aug/23 4.6 % 6.4
Euro Area Aug/23 5.2 % 5.3
European Union Aug/23 5.9 % 6.1
Finland Aug/23 5.6 % 6.5
France Aug/23 4.9 % 4.3
Germany Aug/23 6.1 % 6.2
Greece Aug/23 2.7 % 2.5
Hungary Aug/23 16.4 % 17.6
Italy Aug/23 5.44 % 5.93
Latvia Aug/23 5.4 % 6.4
Lithuania Aug/23 6.2 % 7.4
Macedonia Aug/23 8.3 % 8.4
Malta Aug/23 5 % 5.6
Moldova Aug/23 9.69 % 10.76
Montenegro Aug/23 8.6 % 6.9
Netherlands Aug/23 3 % 4.6
Poland Aug/23 10.1 % 10.8
Portugal Aug/23 3.72 % 3.07
Romania Aug/23 9.43 % 9.44
Russia Aug/23 5.2 % 4.3
Serbia Aug/23 11.5 % 12.5
Slovakia Aug/23 8.84 % 9.68
Slovenia Aug/23 6.2 % 6.1
Sweden Aug/23 7.5 % 9.3
Switzerland Aug/23 1.6 % 1.6
Turkey Aug/23 58.94 % 47.83
Ukraine Aug/23 8.6 % 11.3
United Kingdom Sep/19 1.7 %
Liechtenstein Aug/23 1.6 % 1.6
Albania Aug/23 4 % 4.2
Bosnia and Herzegovina Aug/23 4.7 % 3.98
Kosovo Aug/23 3.2 % 2.4


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