The Consumer Price Index in Faroe Islands decreased 0.90 percent in June of 2020 over the previous month.
Inflation Rate Mom in Faroe Islands averaged 0.25 percent from 2001 until 2020, reaching an all time high of 2.20 percent in the second quarter of 2008 and a record low of -1.30 percent in the first quarter of 2015. This page provides - Faroe Islands Inflation Rate QoQ- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Inflation Rate QoQ - values, historical data and charts - was last updated on September of 2020.
Inflation Rate Mom in Faroe Islands is expected to be 0.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Faroe Islands to stand at 0.19 in 12 months time. In the long-term, the Faroe Islands Inflation Rate QoQ is projected to trend around 0.17 percent in 2021 and 0.16 percent in 2022, according to our econometric models.