The Consumer Price Index in Faroe Islands increased 0.30 percent on quarter in the three months to September of 2020.

Inflation Rate Mom in Faroe Islands averaged 0.25 percent from 2001 until 2020, reaching an all time high of 2.20 percent in the second quarter of 2008 and a record low of -1.30 percent in the first quarter of 2015. This page provides - Faroe Islands Inflation Rate QoQ- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Inflation Rate QoQ - values, historical data and charts - was last updated on October of 2020.

Inflation Rate Mom in Faroe Islands is expected to be 0.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Faroe Islands to stand at 0.19 in 12 months time. In the long-term, the Faroe Islands Inflation Rate QoQ is projected to trend around 0.17 percent in 2021 and 0.16 percent in 2022, according to our econometric models.

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Faroe Islands Inflation Rate QoQ

Actual Previous Highest Lowest Dates Unit Frequency
0.30 -0.90 2.20 -1.30 2001 - 2020 percent Quarterly
NSA

Faroe Islands Prices Last Previous Highest Lowest Unit
Consumer Price Index CPI 121.20 120.80 193.80 99.30 points [+]
Inflation Rate 0.20 -0.10 7.90 -3.10 percent [+]
Inflation Rate Mom 0.30 -0.90 2.20 -1.30 percent [+]
Food Inflation 1.60 1.70 8.70 -1.60 percent [+]


Faroe Islands Inflation Rate QoQ
Inflation Rate MoM measures month over month change in the price of goods and services.