Iceland Food Inflation  Forecast


Iceland Food Inflation
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Food Inflation in Iceland is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Iceland to stand at 3.72 in 12 months time. In the long-term, the Iceland Food Inflation is projected to trend around 3.73 percent in 2020, according to our econometric models.


Iceland Prices Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 1.9 2 2.4 2.6 3.2 3
Harmonised Consumer Prices 98.7 98.7 98.73 98.69 98.62 98
Consumer Price Index CPI 447 448 449 449 449 448
Core Consumer Prices 252 252 252 252 252 251
Core Inflation Rate 1.9 2.31 2.72 3.07 3.36 4.28
GDP Deflator 180 183 183 183 183 190
Producer Prices 194 199 199 190 205 217
Export Prices 194 205 199 193 186 149
Import Prices 208 211 202 193 184 113
Producer Prices Change 1.8 0.5 1 1.5 2.2 3
Inflation Rate Mom 0.3 0.28 0.37 0.37 0.5 0.5
CPI Housing Utilities 426 425 423 422 422 417
CPI Transportation 150 150 150 150 149 147
Food Inflation -0.5 1.8 2.96 3.51 3.72 3.73