Iceland: Restaurant and accommodation services inflation
* indicates monthly or quarterly data series
The most recent value is 3.6 percent as of April 2026, a decline compared to the previous value of 4.9 percent. Historically, the average for Iceland from December 2016 to April 2026 is 4.04 percent. The minimum of -7.3 percent was recorded in July 2020, while the maximum of 14.6 percent was reached in August 2023.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Iceland: Restaurant and accommodation services inflation |
|---|---|
| 2026 Apr | 3.6 |
| 2026 Mar | 4.9 |
| 2026 Feb | 4.7 |
| 2026 Jan | 5.4 |
| 2025 Dec | 5.6 |
| 2025 Nov | 3.7 |
| 2025 Oct | 6.2 |
| 2025 Sep | 11.1 |
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Definition: Percent change in the inflation for restaurants and accomodation services compared to the same month last year.
Accommodation services involve providing short-stay lodging for visitors, travelers, and students. It explicitly excludes long-term primary residence housing (classified under Real Estate).
Restaurants involve the preparation and provision of complete meals, snacks, and drinks fit for immediate consumption. It excludes manufacturing and packaging food for wholesale/retail channels.
| 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) | 188.4172 | 5/2026 | index points |
| Inflation, monthly | 0.37 | 5/2026 | percent |
| Inflation, annual | 4.77 | 5/2026 | 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 |