Food and drink prices in Iceland have increased by 70 percent since 2007, ruv.is reports. Overall, prices have increased by 51 percent.
Photo: Zoë Robert/Iceland Review.
A significant factor in the increase is the drop in the value of the Icelandic króna.
The largest increases are on cereals, fruit and drinks, followed by coffee, tea and cocoa, while the increase on meat has been less.