Inflation Now 6.3 Percent Skip to content

Inflation Now 6.3 Percent

By Iceland Review

Last month’s inflation amounted to 6.3 percent down from 6.5 percent the previous month, when it reached the highest rate since May 2010, rúv.is reports.

icelandickrona_ipaIcelandic Krona. Copyright: IPA.

Recent inflation has been explained by the fact that winter sales are coming to an end and the price of gasoline and diesel has gone up by 3 percent.

The price of clothing and shoes on the other hand rose by 5.3 percent and furniture by 3.2 percent, according to the Bureau of Statistics.

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