Harmonised Consumer Prices in Iceland increased to 102.80 points in May from 101.80 points in April of 2020.

Harmonised Consumer Prices in Iceland averaged 72.74 points from 1996 until 2020, reaching an all time high of 104.50 points in July of 2019 and a record low of 42.80 points in February of 1996. This page provides - Iceland Harmonised Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Harmonised Consumer Prices - values, historical data and charts - was last updated on July of 2020.

Harmonised Consumer Prices in Iceland is expected to be 105.06 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Harmonised Consumer Prices in Iceland to stand at 105.37 in 12 months time. In the long-term, the Iceland Harmonised Consumer Prices is projected to trend around 106.74 points in 2021 and 109.20 points in 2022, according to our econometric models.

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Iceland Harmonised Consumer Prices

Actual Previous Highest Lowest Dates Unit Frequency
102.80 101.80 104.50 42.80 1996 - 2020 points Monthly
2015=100, NSA

Iceland Prices Last Previous Highest Lowest Unit
Inflation Rate 2.60 2.60 25.20 -0.06 percent [+]
Consumer Price Index CPI 482.20 480.60 482.20 4.00 points [+]
Harmonised Consumer Prices 102.80 101.80 104.50 42.80 points [+]
Core Consumer Prices 271.30 270.30 271.30 100.00 points [+]
Core Inflation Rate 2.40 2.20 18.16 1.09 percent [+]
GDP Deflator 195.52 187.30 195.52 3.24 points [+]
Producer Prices 215.40 223.40 224.80 99.80 points [+]
Export Prices 216.36 202.40 221.28 0.03 points [+]
Import Prices 238.21 221.68 262.20 0.04 points [+]
Inflation Rate Mom 0.40 0.70 10.40 -1.50 percent [+]
Producer Prices Change 1.30 6.40 68.50 -12.40 percent [+]
CPI Housing Utilities 467.70 466.50 468.00 94.00 points [+]
CPI Transportation 155.95 156.60 183.10 100.30 points [+]
Food Inflation 5.50 4.90 31.18 -6.45 percent [+]


Iceland Harmonised Consumer Prices
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.