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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
| july 2022 |
9.930 % |
| june 2022 |
8.819 % |
| may 2022 |
7.590 % |
| april 2022 |
7.231 % |
| march 2022 |
6.667 % |
| february 2022 |
6.188 % |
| january 2022 |
5.684 % |
| december 2021 |
5.112 % |
| november 2021 |
4.844 % |
| october 2021 |
4.537 % |
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CPI IS recent years
| july 2022 |
9.930 % |
| july 2021 |
4.263 % |
| july 2020 |
3.023 % |
| july 2019 |
3.063 % |
| july 2018 |
2.705 % |
| july 2017 |
1.827 % |
| july 2016 |
1.132 % |
| july 2015 |
1.870 % |
| july 2014 |
2.359 % |
| july 2013 |
3.832 % |
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