Consumer Price Index CPI in Iceland increased to 700.40 points in October from 697.30 points in September of 2026. Consumer Price Index CPI in Iceland averaged 270.96 points from 1979 until 2026, reaching an all time high of 700.40 points in October of 2026 and a record low of 4.00 points in January of 1979. source: Statistics Iceland

Consumer Price Index CPI in Iceland is expected to be 707.08 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Consumer Price Index (CPI) is projected to trend around 728.29 points in 2027 and 746.50 points in 2028, according to our econometric models.




Components Last Previous Unit Reference
Core Consumer Prices 105.60 105.40 points Oct 2026
CPI Clothing 98.30 97.20 points Oct 2026
CPI Education 109.70 109.70 points Oct 2026
CPI Food 103.90 103.50 points Oct 2026
CPI Health 105.80 103.90 points Oct 2026
CPI Housing Utilities 104.70 104.40 points Oct 2026
CPI Recreation and Culture 104.20 102.90 points Oct 2026
CPI Restaurants and Hotels 104.80 106.00 points Oct 2026
CPI Transportation 111.80 110.80 points Oct 2026

Related Last Previous Unit Reference
CPI 700.40 697.30 points Oct 2026
Core Consumer Prices 105.60 105.40 points Oct 2026
Core Inflation Rate 6.30 6.70 percent Oct 2026
CPI Housing Utilities 104.70 104.40 points Oct 2026
CPI Transportation 111.80 110.80 points Oct 2026
Food Inflation 3.90 4.00 percent Oct 2026
GDP Deflator 144.79 144.17 points Jun 2026
Harmonised Consumer Prices 106.81 107.88 points Sep 2026
Inflation Rate YoY 5.90 5.90 percent Oct 2026
Inflation Rate YoY 5.90 5.90 percent Oct 2026
Inflation Rate MoM 0.40 0.40 percent Oct 2026
Inflation Rate MoM 0.40 0.40 percent Oct 2026
Producer Prices 333.10 333.40 points Sep 2026
PPI YoY 12.50 13.70 percent Sep 2026


Iceland Consumer Price Index (CPI)
In Iceland, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
700.40 697.30 700.40 4.00 1979 - 2026 points Monthly
1988M5=100, NSA