Harmonised Consumer Prices in Iceland decreased to 106.81 points in September from 107.88 points in August of 2026. Harmonised Consumer Prices in Iceland averaged 85.07 points from 2015 until 2026, reaching an all time high of 107.88 points in August 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 107.11 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 110.33 points in 2027 and 113.08 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
CPI 700.40 697.30 points Oct 2026
Core Consumer Prices 105.60 105.40 points Oct 2026
Core Inflation Rate 6.30 6.70 percent Oct 2026
CPI Housing Utilities 104.70 104.40 points Oct 2026
CPI Transportation 111.80 110.80 points Oct 2026
Food Inflation 3.90 4.00 percent Oct 2026
GDP Deflator 144.79 144.17 points Jun 2026
Harmonised Consumer Prices 106.81 107.88 points Sep 2026
Harmonised Inflation Rate MoM -1.00 0.30 percent Sep 2026
Harmonised Inflation Rate YoY 5.40 6.10 percent Sep 2026
Inflation Rate YoY 5.90 5.90 percent Oct 2026
Inflation Rate MoM 0.40 0.40 percent Oct 2026
PPI MoM -0.10 -3.30 percent Sep 2026
Producer Prices 333.10 333.40 points Sep 2026
PPI YoY 12.50 13.70 percent Sep 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
106.81 107.88 107.88 73.67 2015 - 2026 points Monthly
2025=100, NSA