Cost of food in Iceland increased 4.10 percent in May of 2021 over the same month in the previous year. source: Statistics Iceland

Food Inflation in Iceland averaged 3.73 percent from 1993 until 2021, reaching an all time high of 31.18 percent in December of 2008 and a record low of -6.45 percent in November of 1994. This page provides the latest reported value for - Iceland Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Food Inflation - values, historical data and charts - was last updated on June of 2021.

Food Inflation in Iceland is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Iceland to stand at 3.80 in 12 months time. In the long-term, the Iceland Food Inflation is projected to trend around 3.80 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Iceland Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
4.10 5.80 31.18 -6.45 1993 - 2021 percent Monthly
Jan 2008=100

Iceland Prices Last Previous Highest Lowest Unit
Inflation Rate 4.40 4.60 25.20 -0.06 percent [+]
Consumer Price Index CPI 501.40 499.30 501.40 4.00 points [+]
Harmonised Consumer Prices 105.40 105.00 105.40 42.80 points [+]
Core Consumer Prices 281.50 280.00 281.50 100.00 points [+]
Core Inflation Rate 4.10 4.20 18.16 1.09 percent [+]
GDP Deflator 114.59 110.77 114.59 1.77 points [+]
Producer Prices 232.60 229.20 232.60 99.80 points [+]
Export Prices 106.95 216.36 221.28 0.03 points [+]
Import Prices 109.79 238.21 262.20 0.04 points [+]
Inflation Rate Mom 0.40 0.70 10.40 -1.50 percent [+]
Producer Prices Change 4.10 4.90 68.50 -12.40 percent [+]
CPI Housing Utilities 491.30 487.20 491.30 94.00 points [+]
CPI Transportation 162.68 162.12 183.10 100.30 points [+]
Food Inflation 4.10 5.80 31.18 -6.45 percent [+]