Thursday - 17 March 2005
Harmonized indices of consumer prices in February 2005
The HICP average for member countries of the European Economic Area (EU-countries, Iceland and Norway) was 116.3 points (1996=100) in February, 0.3% higher than in January. At the same time, the HICP for Iceland was 129.3 points, 0.2% lower than in the previous month.
The 12-month rate of change of the HICP was 2.1% for the EEA, 2.1% for the Euro-zone while it was 2.9% for Iceland.
The highest inflation rate in the EEA in this twelve month period was 7.0% in Latvia and 4.6% in Estonia. The lowest rate was in Finland where the index remained unchanged and in Denmark where the inflation rate was 1.0%.
HICP for the EEA area, national CPI for USA, Japan and Switzerland.
1) Rate of inflation for the main trading partners of Iceland. Weighted by the countries share in Iceland's foreign trade.
2) Preliminary figures.
3) January 2004 - January 2005.