Iceland: Inflation, monthly

* indicates monthly or quarterly data series
The most recent value is 0.25 percent as of December 2024, an increase compared to the previous value of -0.35 percent. Historically, the average for Iceland from February 1996 to December 2024 is 0.32 percent. The minimum of -2.38 percent was recorded in September 2018, while the maximum of 3.9 percent was reached in April 2008. Click on the following link to see the values of: Inflation, monthly around the world.
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* indicates monthly or quarterly data series

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  • Measure: percent
  • Source: Eurostat

Recent values Iceland: Inflation, monthly percent change in the CPI
2024  Dec 0.25
2024  Nov -0.35
2024  Oct -0.15
2024  Sep -0.95
2024  Aug -0.18
2024  Jul 0.74
2024  Jun 1.41
2024  May 0.83


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Definition: The percentage change in the CPI from one month to the next.

 Related indicators Latest Reference Measure
 Inflation 8.7 2023 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 140.2478 1/2025 Local Currency Units per USD
 Money supply (broad money) 3,083.79 12/2024 billion
 Consumer Price Index (CPI) 128.2100 12/2024 index points
 Inflation, monthly 0.25 12/2024 percent
 Inflation, annual 3.58 12/2024 percent
 Private sector credit 4,147.45 12/2024 billion
 Business credit 1,948.41 12/2024 billion
 Household credit 2,199.04 12/2024 billion
 Mortgage credit 1,940.34 12/2024 billion
 Consumer credit 258.69 12/2024 billion
 Deposit interest rate 2.13 12/2024 percent
 Policy rate 8.50 12/2024 percent
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