Iceland Core Inflation Rate  Forecast


Iceland Core Inflation Rate
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Core Inflation Rate in Iceland is expected to be 1.68 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Iceland to stand at 2.77 in 12 months time. In the long-term, the Iceland Core Inflation Rate is projected to trend around 4.21 percent in 2020, according to our econometric models.


Iceland Prices Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 1.7 1.7 2 2.4 2.6 3
Harmonised Consumer Prices 99.2 97.48 96.99 96.79 96.67 95.92
Consumer Price Index CPI 446 446 447 447 447 446
Core Consumer Prices 251 251 251 251 251 249
Core Inflation Rate 1.74 1.68 1.95 2.37 2.77 4.21
GDP Deflator 180 183 184 184 185 190
Producer Prices 193 197 199 199 189 217
Export Prices 194 186 183 179 176 149
Import Prices 208 184 178 172 166 113
Producer Prices Change 0.5 -2.2 0.5 1 1.5 3
Inflation Rate Mom -0.2 0.3 0.32 0.43 0.52 0.5
CPI Housing Utilities 428 429 432 434 435 434
CPI Transportation 148 147 147 146 146 144
Food Inflation -1.4 -0.95 1.2 2.45 3.13 3.7