Harmonised Consumer Prices in Iceland increased to 104.34 points in May from 103.96 points in April of 2026. Harmonised Consumer Prices in Iceland averaged 84.37 points from 2015 until 2026, reaching an all time high of 104.34 points in May of 2026 and a record low of 73.67 points in November of 2017. source: EUROSTAT

Harmonised Consumer Prices in Iceland is expected to be 106.17 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Harmonised Consumer Prices is projected to trend around 108.45 points in 2027 and 111.16 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
CPI 690.70 684.30 points Jun 2026
Core Consumer Prices 104.80 103.80 points Jun 2026
Core Inflation Rate 6.50 6.50 percent Jun 2026
CPI Housing Utilities 102.80 102.30 points Jun 2026
CPI Transportation 110.80 107.30 points Jun 2026
Food Inflation 3.90 4.20 percent Jun 2026
GDP Deflator 141.86 138.70 points Dec 2025
Harmonised Consumer Prices 104.34 103.96 points May 2026
Harmonised Inflation Rate MoM 0.40 0.60 percent May 2026
Harmonised Inflation Rate YoY 4.80 4.90 percent May 2026
Inflation Rate YoY 5.20 5.10 percent Jun 2026
Inflation Rate MoM 0.90 0.10 percent Jun 2026
PPI MoM 2.00 2.30 percent May 2026
Producer Prices 340.80 334.20 points May 2026
PPI YoY 16.80 12.00 percent May 2026


Iceland Harmonised Consumer Prices
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.
Actual Previous Highest Lowest Dates Unit Frequency
104.34 103.96 104.34 73.67 2015 - 2026 points Monthly
2025=100, NSA