Core consumer prices in Iceland increased 2.70 percent in July of 2019 over the same month in the previous year. Core Inflation Rate in Iceland averaged 4.56 percent from 1998 until 2019, reaching an all time high of 18.16 percent in January of 2009 and a record low of 1.09 percent in September of 1998.

Core Inflation Rate in Iceland is expected to be 2.41 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Iceland to stand at 2.70 in 12 months time. In the long-term, the Iceland Core Inflation Rate is projected to trend around 2.80 percent in 2020, according to our econometric models.

Iceland Core Inflation Rate
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Iceland Prices Last Previous Highest Lowest Unit
Inflation Rate 3.10 3.30 25.20 -0.06 percent [+]
Consumer Price Index CPI 468.80 469.80 469.80 4.00 Index Points [+]
Harmonised Consumer Prices 103.50 101.90 103.50 42.80 Index Points [+]
Core Consumer Prices 262.70 263.40 263.40 100.00 Index Points [+]
Core Inflation Rate 2.70 3.10 18.16 1.09 percent [+]
GDP Deflator 186.26 180.35 186.26 3.24 Index Points [+]
Producer Prices 215.20 212.60 224.80 99.80 Index Points [+]
Export Prices 202.40 187.47 221.28 0.03 Index Points [+]
Import Prices 221.68 197.40 262.20 0.04 Index Points [+]
Producer Prices Change 6.70 7.80 68.50 -12.40 percent [+]
Inflation Rate Mom -0.20 0.40 10.40 -1.50 percent [+]
Food Inflation 5.50 4.70 31.18 -6.45 percent [+]
CPI Housing Utilities 457.90 457.00 457.90 94.00 Index Points [+]
CPI Transportation 161.09 159.35 183.10 100.30 Index Points [+]


Iceland Core Inflation Rate

In Iceland, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Iceland Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Core Inflation Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 3.10 18.16 1.09 1998 - 2019 percent Monthly




Country Last Previous
Argentina 55.10 Jul/19
Turkey 16.20 Jul/19
Russia 4.50 Jul/19
South Africa 4.30 Jun/19
Mexico 3.82 Jul/19
Brazil 3.27 Jul/19
Indonesia 3.18 Jul/19
United States 2.20 Jul/19
Canada 2.00 Jun/19
Netherlands 1.90 Jul/19
United Kingdom 1.90 Jul/19
Australia 1.60 Jun/19
China 1.60 Jul/19
Germany 1.60 Jul/19
Singapore 1.20 Jun/19
South Korea 1.00 Jul/19
Euro Area 0.90 Jul/19
France 0.90 Jul/19
Spain 0.90 Jul/19
Japan 0.60 Jun/19
Italy 0.50 Jul/19
Switzerland 0.40 Jul/19


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