Key data points
Last release
—
Observation period
Oct 2024
Next release
—
Forecast
—
Highest
25.20 % on Dec 31, 1989
Lowest
−0.06 % on Nov 30, 1994
About Iceland inflation rate YoY
In Iceland, the most important categories in the consumer price index are housing and utilities (29 percent of total weight); transport (15 percent); and food and non-alcoholic beverages (15 percent). The index also includes: recreation and culture (10 percent); miscellaneous goods and services (7 percent); and furnishings and household equipment (7 percent). Hotels, cafes and restaurants, health, clothing and footwear, alcoholic beverages and tobacco, communication and education account for the remaining 17 percent of total weight.
Related indicators
Frequently Asked Questions
The highest figure Iceland inflation rate YoY has ever reached is 25.20%.
The lowest ever Iceland inflation rate YoY is −0.06%.
Last month Iceland inflation rate YoY was 5.10%, and the month before that it amounted to 5.40%.