Monday - 12 September 2005
Consumer price index in September 2005
The CPI compiled in September 2005 is 246.9 points (May 1988=100), 1.52% higher than in the previous month. The CPI less housing cost is 231.4 points, 1.71% higher than in August.
Summer sales have come to an end leading to a 13.0% rise in prices of clothing and footwear (effect on the CPI 0.60%). Groceries’ prices rose by 1.7% (0.28%). Prices of fuels rose by 4.9% (0.25%).
Owner occupied housing cost rose by 1.2% (0.19%), the effect of higher market prices of houses was 0.22% and of lower average real mortgage rates -0.03%.
The CPI in September 2005 is 4.8% higher than in September 2004 while the CPI less housing cost is 1.4% higher than one year ago. The CPI rose by 1.9% over the last three months equivalent to an annual inflation rate of 7.6% (CPI less housing cost: 5.7% inflation).
The credit term index in October 2005 is 246.9 points. The old credit term index is 4,875 points in October 2005.
|The Icelandic Consumer Price Index 2004-2005|
|May 1988 = 100||Annualized rates|
|Monthly index||Monthly changes||Latest month||Latest 3 months||Latest 6 months||Latest 12 months|
|Percentage changes, not seasonally adjusted.|
|Consumer price index by economic categories 2005|
|Subindices March 1997=100||Change in the last 12 months|
|August 2005||Sept. 2005||Effect on the index|
|Consumer Price Index||136.2||138.3||4.8%||4.8%|
|Domestic goods less agricultural products and vegetables||127.0||127.4||-2.0%||-0.2%|
|Imported goods less, alcohol and tobacco||106.8||110.7||0.0%||0.0%|
|Core index 1 (CPI less agric. prod., vegetables,|
|fruits and petrol)||137.5||139.2||4.8%||4.2%|
|Core index 2 (core index 1 less public services)||137.4||139.2||4.6%||3.7%|
|Groceries (perishable items)||115.7||117.7||-3.5%||-0.6%|