Core consumer prices in Iceland increased 4.20 percent in August of 2021 over the same month in the previous year. source: Statistics Iceland

Core Inflation Rate in Iceland averaged 4.45 percent from 1998 until 2021, reaching an all time high of 18.16 percent in January of 2009 and a record low of 1.09 percent in September of 1998. This page provides the latest reported value for - Iceland Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Core Inflation Rate - values, historical data and charts - was last updated on November of 2021.

Core Inflation Rate in Iceland is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Core Inflation Rate is projected to trend around 6.00 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Iceland Core Inflation Rate

Related Last Previous Unit Reference
Inflation Rate 4.80 4.50 percent Nov/21
Consumer Price Index CPI 513.00 511.20 points Nov/21
Core Consumer Prices 287.40 286.60 points Nov/21
Core Inflation Rate 4.20 4.30 percent Sep/21
GDP Deflator 114.59 110.77 points Dec/20
Producer Prices 266.90 256.00 points Oct/21
Inflation Rate Mom 0.40 0.60 percent Nov/21
Food Inflation 1.70 1.30 percent Nov/21
CPI Transportation 168.99 167.99 points Nov/21
CPI Housing Utilities 513.40 509.80 points Nov/21
Producer Prices Change 17.30 13.20 percent Oct/21
Iceland Core Inflation Rate
In Iceland, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.