The transportation sub-index of the CPI basket in Iceland increased to 156.59 Index Points in December of 2018 from 153.38 Index Points in November of 2018. CPI Transportation in Iceland averaged 153.40 Index Points from 2007 until 2018, reaching an all time high of 183.10 Index Points in February of 2013 and a record low of 100.30 Index Points in March of 2007.
CPI Transportation in Iceland is expected to be 154.31 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in Iceland to stand at 157.37 in 12 months time. In the long-term, the Iceland CPI Transportation is projected to trend around 163.86 Index Points in 2020, according to our econometric models.