Iceland inflation rate YoYIceland inflation rate YoYIceland inflation rate YoY

Iceland inflation rate YoY

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Key data points


Last release
Observation period
Aug 2024
Next release
Forecast
Highest
25.20% on Dec 31, 1989
Lowest
−0.06% on Nov 30, 1994

About Iceland inflation rate YoY


Category
Prices
Frequency
Monthly
Units
%
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.

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 6.00%, and the month before that it amounted to 6.30%.