Faroe Islands: Consumer Price Index (CPI)
* indicates monthly or quarterly data series
The most recent value is 143.48 index points as of Q4 2024, an increase compared to the previous value of 143.34 index points. Historically, the average for the Faroe Islands from Q1 2001 to Q4 2024 is 116.9996 index points. The minimum of 99.3 index points was recorded in Q4 2001, while the maximum of 143.66 index points was reached in Q2 2024.
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* indicates monthly or quarterly data series
- Measure: index points
- Source: Statistics Faroe Islands
| Recent values | Faroe Islands: Consumer Price Index (CPI) |
|---|---|
| 2024 Q4 | 143.48 |
| 2024 Q3 | 143.34 |
| 2024 Q2 | 143.66 |
| 2024 Q1 | 142.96 |
| 2023 Q4 | 142.29 |
| 2023 Q3 | 140.9 |
| 2023 Q2 | 139.49 |
| 2023 Q1 | 139.34 |
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Definition: The Consumer Price Index (CPI) measures the changes in the cost of a basket of goods and services consumed by the average urban household.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| USD exchange rate | 7.1227 | 12/2024 | Local Currency Units per USD |
| Consumer Price Index (CPI) | 143.4800 | Q4/2024 | index points |
| Inflation, monthly | 0.10 | 12/2024 | percent |
| Inflation, annual | 0.84 | 12/2024 | percent |
| Private sector credit | 17.04 | 9/2024 | billion |
| Business credit | 6.25 | 9/2024 | billion |
| Household credit | 10.79 | 9/2024 | billion |