Iceland: Consumer Price Index (CPI)
* indicates monthly or quarterly data series
The most recent value is 106.59 index points as of June 2026, an increase compared to the previous value of 104.34 index points. Historically, the average for Iceland from December 2015 to June 2026 is 84.5414 index points. The minimum of 73.67 index points was recorded in November 2017, while the maximum of 106.59 index points was reached in June 2026.
Click on the following link to see the values of: Consumer Price Index (CPI) around the world.
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* indicates monthly or quarterly data series
- Measure: index points
- Source: Bank for International Settlements (BIS)
| Recent values | Iceland: Consumer Price Index (CPI) |
|---|---|
| 2026 Jun | 106.59 |
| 2026 May | 104.34 |
| 2026 Apr | 103.96 |
| 2026 Mar | 103.29 |
| 2026 Feb | 102.51 |
| 2026 Jan | 101.2 |
| 2025 Dec | 100.86 |
| 2025 Nov | 99.98 |
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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 |
|---|---|---|---|
| Inflation | 5.9 | 2024 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 125.0265 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 3,248.69 | 12/2025 | billion |
| Consumer Price Index (CPI) | 106.5900 | 6/2026 | index points |
| Inflation, monthly | 2.16 | 6/2026 | percent |
| Inflation, annual | 5.12 | 6/2026 | percent |
| Food and beverages inflation | 4.91 | 4/2026 | percent |
| Alcohol and tobacco inflation | 3.80 | 4/2026 | percent |
| Energy price inflation | -7.50 | 4/2026 | percent |
| Transport services inflation | 7.10 | 4/2026 | percent |
| Information and communication inflation | 3.60 | 4/2026 | percent |
| Restaurant and accommodation services inflation | 3.60 | 4/2026 | percent |
| Health care inflation | 4.70 | 4/2026 | percent |
| Education services inflation | 4.40 | 4/2026 | percent |
| Clothing and footwear inflation | 4.40 | 4/2026 | percent |
| Housing inflation | 8.80 | 4/2026 | percent |
| Private sector credit | 4,366.37 | 12/2025 | billion |
| Business credit | 2,108.21 | 12/2025 | billion |
| Household credit | 2,258.16 | 12/2025 | billion |
| Mortgage credit | 1,987.95 | 12/2025 | billion |
| Consumer credit | 270.21 | 12/2025 | billion |
| Deposit interest rate | 0.90 | 6/2026 | percent |
| Policy rate | 7.75 | 6/2026 | percent |
| Bank deposits, total | 3,558.95 | 4/2026 | billion local currency units |
| Bank deposits, local currency | 3,172.42 | 4/2026 | billion local currency units |
| Bank deposits, foreign currency | 386.52 | 4/2026 | billion local currency units |