Faroe Islands: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 0.68 percent as of June 2025, a decline compared to the previous value of 1.29 percent. Historically, the average for the Faroe Islands from March 2002 to June 2025 is 1.6 percent. The minimum of -3.03 percent was recorded in September 2009, while the maximum of 10.06 percent was reached in December 2022.
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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 |
|---|---|
| 2025 Jun | 0.68 |
| 2025 Mar | 1.29 |
| 2024 Dec | 0.84 |
| 2024 Sep | 1.73 |
| 2024 Jun | 2.99 |
| 2024 Mar | 2.6 |
| 2023 Dec | 2.77 |
| 2023 Sep | 3.67 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| USD exchange rate | 6.4705 | 6/2025 | Local Currency Units per USD |
| Consumer Price Index (CPI) | 144.6300 | Q2/2025 | index points |
| Inflation, monthly | -0.12 | 6/2025 | percent |
| Inflation, annual | 0.68 | 6/2025 | percent |
| Private sector credit | 17.82 | 3/2025 | billion |
| Business credit | 6.75 | 3/2025 | billion |
| Household credit | 11.08 | 3/2025 | billion |