Faroe Islands Inflation Rate Eases in Q4
2025-12-23 05:03
By
Czyrill Jean Coloma
1 min. read
The annual inflation rate in the Faroe Islands eased to 0.7% in the fourth quarter of 2025, easing from 1.1% in the previous three-month period.
Prices increased at a softer pace for food and non-alcoholic beverages (3.8% vs 4.6% in Q3), communication (0.2% vs 0.9%), recreation and culture (4.6% vs 4.9%), and miscellaneous goods and services (1.8% vs 1.9%).
Moreover, deflation worsened for housing and utilities (-8.9% vs -5.7%) and furnishings and household equipment (-2.4% vs -0.5%).
Meanwhile, prices accelerated for transport (1.7% vs 0.5%), alcoholic beverages and tobacco (8.9% vs 4.7%), health (0.7% vs 0%), education (4.8% vs 3.8%), and restaurants and hotels (6.6% vs 5.6%).
In addition, deflation softened for clothing and footwear (-1.4% vs -1.7%).
On a quarterly basis, consumer prices fell 0.4% in Q4, reversing a 0.2% rise in the previous three-month period.