Iceland Core Inflation Rate - Forecast

Core Inflation Rate in Iceland is expected to be 2.50 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 1.95 in 12 months time. In the long-term, the Iceland Core Inflation Rate is projected to trend around 2.80 percent in 2020, according to our econometric models.


Forecast Data Chart
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Iceland Prices Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 2.7 2.9 3.2 2.8 2.9 2.7
Harmonised Consumer Prices 102 102 102 104 105 107
Consumer Price Index CPI 457 460 466 467 470 486
Core Consumer Prices 256 258 261 261 261 273
Core Inflation Rate 2.1 2.5 2.7 1.96 1.95 2.8
GDP Deflator 180 183 184 184 185 190
Producer Prices 199 215 209 218 231 240
Export Prices 187 178 176 174 172 166
Import Prices 197 188 186 184 182 183
Producer Prices Change 6.7 10.6 8.5 8.2 7.9 4
Inflation Rate Mom 0.2 0.3 0.2 0.3 0.1 0.5
Food Inflation 5.1 4.8 4.7 4.6 4.5 3.8
CPI Housing Utilities 446 438 451 452 458 463
CPI Transportation 152 154 154 156 156 163