The Consumer Price Index in Iceland decreased 0.40 percent in January of 2019 over the previous month. Inflation Rate Mom in Iceland averaged 1.01 percent from 1979 until 2019, 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.
Inflation Rate Mom in Iceland is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Iceland to stand at 0.40 in 12 months time. In the long-term, the Iceland Inflation Rate MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.