Consumer prices in Iceland rose 0.4% month-on-month in September, up from 0.2% in the previous month. Inflation Rate MoM in Iceland averaged 0.92 percent from 1979 until 2026, reaching an all time high of 10.40 percent in March of 1983 and a record low of -1.50 percent in March of 1986. source: Statistics Iceland

Inflation Rate MoM in Iceland is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Inflation Rate MoM is projected to trend around 0.40 percent in 2027 and 0.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-27 09:00 AM
Inflation Rate MoM
Aug 0.2% 0.4% 0.2%
2026-09-29 09:00 AM
Inflation Rate MoM
Sep 0.4% 0.2% 0.5%
2026-10-29 09:00 AM
Inflation Rate MoM
Oct 0.4%


Related Last Previous Unit Reference
CPI 697.30 694.60 points Sep 2026
Core Consumer Prices 105.40 105.50 points Sep 2026
Core Inflation Rate 6.70 7.00 percent Sep 2026
CPI Housing Utilities 104.40 104.00 points Sep 2026
CPI Transportation 110.80 111.10 points Sep 2026
Food Inflation 4.00 4.10 percent Sep 2026
GDP Deflator 144.79 144.17 points Jun 2026
Inflation Rate YoY 5.90 5.60 percent Sep 2026
Inflation Rate MoM 0.40 0.20 percent Sep 2026
Producer Prices 333.40 344.60 points Aug 2026
PPI YoY 13.70 18.60 percent Aug 2026


Iceland Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.20 10.40 -1.50 1979 - 2026 percent Monthly
1988M5=100, NSA