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  4. Iceland

Iceland Inflation Data: Rate, CPI, Food, Harmonised

Iceland Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 600 index points Sep/23
Food Inflation 12.4 % Sep/23
Inflation Rate YoY 8 % Sep/23
Inflation Rate Mom 0.4 % Sep/23
Core Consumer Prices 334 Index Points Sep/23
Core Inflation Rate 7.91 % Sep/23
CPI Housing Utilities 632 Index Points Sep/23
CPI Transportation 192 Index Points Sep/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 600 index points in September 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
600 Sep/23 28.09.2023
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


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 12.4 % in September 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
12.4 Sep/23 28.09.2023
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


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 8 % in September 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
8 Sep/23 28.09.2023
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


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 2025?

  • Inflation Rate in Iceland increased by 0.4 % in September 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
0.4 Sep/23 28.09.2023
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


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 334 Index Points in September 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
334 Sep/23 28.09.2023
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


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 7.91 % in September 2023. The maximum level was 18.16 % and minimum was 1.09 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
7.91 Sep/23 28.09.2023
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


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 increased to 632 Index Points in September 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
632 Sep/23 28.09.2023
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


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 192 Index Points in September 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
192 Sep/23 28.09.2023
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


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 Sep/23 6.1 % 7.4
Ireland Aug/23 6.3 % 5.8
Luxembourg Sep/23 4.05 % 4.2
Spain Sep/23 3.5 % 2.6
Iceland Sep/23 8 % 7.7
Norway Sep/23 3.3 % 4.8
Belarus Sep/23 2 % 2.08
Belgium Sep/23 2.39 % 4.09
Bulgaria Aug/23 7.7 % 8.5
Croatia Sep/23 6.6 % 7.8
Cyprus Sep/23 4.02 % 2.65
Czech Republic Sep/23 6.9 % 8.5
Denmark Sep/23 0.9 % 2.4
Estonia Sep/23 4.2 % 4.6
Euro Area Sep/23 4.3 % 5.2
European Union Aug/23 5.9 % 6.1
Finland Aug/23 5.6 % 6.5
France Sep/23 4.9 % 4.9
Germany Sep/23 4.5 % 6.1
Greece Sep/23 1.6 % 2.7
Hungary Sep/23 12.2 % 16.4
Italy Sep/23 5.34 % 5.44
Latvia Sep/23 3.3 % 5.4
Lithuania Sep/23 3.7 % 6.2
Macedonia Sep/23 6.6 % 8.3
Malta Aug/23 5 % 5.6
Moldova Sep/23 8.63 % 9.69
Montenegro Aug/23 8.6 % 6.9
Netherlands Sep/23 0.2 % 3
Poland Sep/23 8.2 % 10.1
Portugal Sep/23 3.6 % 3.72
Romania Aug/23 9.43 % 9.44
Russia Sep/23 6 % 5.2
Serbia Aug/23 11.5 % 12.5
Slovakia Aug/23 8.84 % 9.68
Slovenia Sep/23 7.5 % 6.2
Sweden Aug/23 7.5 % 9.3
Switzerland Sep/23 1.7 % 1.6
Turkey Sep/23 61.53 % 58.94
Ukraine Sep/23 7.1 % 8.6
United Kingdom Sep/19 1.7 %
Liechtenstein Aug/23 1.6 % 1.6
Albania Sep/23 4.1 % 4
Bosnia and Herzegovina Aug/23 4.73 % 3.98
Kosovo Sep/23 4.2 % 3.2


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