Inflation in Iceland Rises to 8.5 Percent Skip to content

Inflation in Iceland Rises to 8.5 Percent

Inflation currently measures 8.5 percent in Iceland, up from 7.3 percent in February. The consumer price index (CPI) is 362.9 points compared to pricing in March, an increase of 0.55 percent from the month prior.

Photo by Páll Stefánsson.

The CPI excluding real estate is 346 points, an increase by 1.05 percent from February, according to Statistics Iceland.

The CPI has increased by 8.5 percent in the past 12 months and the CPI excluding real estate by 12 percent.

In the past three months the CPI has increased by 1.4 percent, which equals annual inflation of 5.7 percent (10.1 percent for the CPI excluding real estate).

The cost for owning property dropped by two percent.

Click here for more news about the inflation and related topics.

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