
Faroe Islands: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 0.84 percent as of December 2024, a decline compared to the previous value of 1.73 percent. Historically, the average for the Faroe Islands from March 2002 to December 2024 is 1.61 percent. The minimum of -3.03 percent was recorded in September 2009, while the maximum of 10.06 percent was reached in December 2022.
Click on the following link to see the values of: Inflation, annual around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Domestic monetary authority
Recent values | Faroe Islands: Inflation, annual percent change in the CPI |
---|---|
2024  Dec | 0.84 |
2024  Sep | 1.73 |
2024  Jun | 2.99 |
2024  Mar | 2.6 |
2023  Dec | 2.77 |
2023  Sep | 3.67 |
2023  Jun | 4.42 |
2023  Mar | 8.32 |
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Definition: Percent change in the CPI from the same month last year.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
USD exchange rate | 7.2094 | 1/2025 | 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 |