Core consumer prices in Iceland increased 6.90 percent in May of 2022 over the same month in the previous year. source: Statistics Iceland

Core Inflation Rate in Iceland averaged 4.48 percent from 1998 until 2022, reaching an all time high of 18.16 percent in January of 2009 and a record low of 1.09 percent in September of 1998. This page provides the latest reported value for - Iceland Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Core Inflation Rate - values, historical data and charts - was last updated on June of 2022.

Core Inflation Rate in Iceland is expected to be 6.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Core Inflation Rate is projected to trend around 2.00 percent in 2023, according to our econometric models.

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Iceland Core Inflation Rate



Related Last Previous Unit Reference
Inflation Rate 7.60 7.20 percent May 2022
Consumer Price Index CPI 539.50 535.40 points May 2022
Core Inflation Rate 6.90 6.70 percent May 2022
Core Consumer Prices 300.90 298.80 points May 2022
GDP Deflator 121.25 114.60 points Dec 2021
Producer Prices 301.50 291.30 points Apr 2022
Inflation Rate Mom 0.80 1.30 percent May 2022
Food Inflation 6.20 5.20 percent May 2022
CPI Transportation 179.72 179.00 points May 2022
CPI Housing Utilities 552.70 544.00 points May 2022
Producer Prices Change 29.60 27.10 percent Apr 2022

Iceland Core Inflation Rate
In Iceland, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
6.90 6.70 18.16 1.09 1998 - 2022 percent Monthly