Harmonized indices of consumer prices in August 2005

The HICP average for member countries of the European Economic Area (EU-countries, Iceland and Norway) was 118.1 points (1996=100) in August, 0.3% higher than in July. At the same time, the HICP for Iceland was 128.8 points, 0.2 % lower than in the previous month.

The 12-month rate of change of the HICP was 2.2% for the EEA and the Euro-zone while it was 0.4% for Iceland.

The highest inflation rates in the EEA in this twelve month period were 6.3% in Latvia, 4.3% in Luxembourg and 4.2% in Estonia. The lowest inflation rates were 0.4% in Iceland and 1.0% in Sweden and Finland.

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)      July 2004 - July 2005.

Statistics