Faroe Islands: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is 0.92 percent as of March 2025, an increase compared to the previous value of 0.1 percent. Historically, the average for the Faroe Islands from June 2001 to March 2025 is 0.39 percent. The minimum of -1.26 percent was recorded in December 2008, while the maximum of 3.85 percent was reached in June 2022.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Domestic monetary authority
| Recent values | Faroe Islands: Inflation, monthly percent change in the CPI |
|---|---|
| 2025 Mar | 0.92 |
| 2024 Dec | 0.1 |
| 2024 Sep | -0.22 |
| 2024 Jun | 0.49 |
| 2024 Mar | 0.47 |
| 2023 Dec | 0.99 |
| 2023 Sep | 1.01 |
| 2023 Jun | 0.11 |
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Definition: The percentage change in the CPI from one month to the next.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| USD exchange rate | 6.6541 | 4/2025 | Local Currency Units per USD |
| Consumer Price Index (CPI) | 144.8000 | Q1/2025 | index points |
| Inflation, monthly | 0.92 | 3/2025 | percent |
| Inflation, annual | 1.29 | 3/2025 | percent |
| Private sector credit | 17.82 | 3/2025 | billion |
| Business credit | 6.75 | 3/2025 | billion |
| Household credit | 11.08 | 3/2025 | billion |