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Inflation Iceland - consumer price index (CPI)
Graphs - historic inflation
Graph CPI Iceland last year |
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Graph CPI Iceland long-term |
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When we talk about the rate of inflation in Iceland, this often refers to the rate of inflation based on the consumer price index, or CPI for short. The Icelandic CPI shows the change in prices of a standard package of goods and services which Icelandic households purchase for consumption. In order to measure inflation, an assessment is made of how much the CPI has risen in percentage terms over a give period compared to the CPI in a preceding period. If prices have fallen this is called deflation (negative inflation).
This page shows the current and historic CPI inflation figures for Iceland.
For a summary of the current inflation figures for a large number of countries and regions please click here.
For detailed background information about inflation please click here.
Tables - current and historic CPI Iceland
CPI IS recent months
| december 2020 |
3.575 % |
| november 2020 |
3.493 % |
| october 2020 |
3.570 % |
| september 2020 |
3.503 % |
| august 2020 |
3.199 % |
| july 2020 |
3.023 % |
| june 2020 |
2.651 % |
| may 2020 |
2.576 % |
| april 2020 |
2.266 % |
| march 2020 |
2.131 % |
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CPI IS recent years
| december 2020 |
3.575 % |
| december 2019 |
2.030 % |
| december 2018 |
3.739 % |
| december 2017 |
1.871 % |
| december 2016 |
1.893 % |
| december 2015 |
2.015 % |
| december 2014 |
0.827 % |
| december 2013 |
4.140 % |
| december 2012 |
4.203 % |
| december 2011 |
5.247 % |
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