NEWS RELEASE PRICES 12 DECEMBER 2006

The CPI compiled in December 2006 is 266.2 points (May 1988=100), 0.04% higher than in the previous month. The CPI less housing cost is 245.0 points, unchanged from November.

Prices of petrol and diesel oil fell by 1.5% (effect on the CPI -0.1%). The cost of new cars rose by 2.0% (0.13%).

The CPI in December 2006 is 7.0% higher than in December 2005 while the CPI less housing cost is 5.6% higher than one year ago. The CPI rose by 0.2% over the last three months equivalent to an annual inflation rate of 0.9% (CPI less housing cost 0.3% deflation).

The credit terms index in January 2007 is 266.2 points. The old credit terms index is 5.256 points in January 2007.

The Icelandic Consumer Price Index 2005-2006
May 1988 = 100 Annualized rates
Monthly index Monthly changes Latest month Latest 3 months Latest 6 months Latest 12 months
 
2005
September 246,9 1,5 19,9 7,6 4,5 4,8
October 248,4 0,6 7,5 9,7 5,4 4,6
November 248,0 -0,2 -1,9 8,1 6,2 4,2
December 248,9 0,4 4,4 3,3 5,4 4,1
2006
January 249,7 0,3 3,9 2,1 5,9 4,4
February 249,5 -0,1 -1,0 2,4 5,2 4,1
March 252,3 1,1 14,3 5,6 4,4 4,5
April 255,2 1,1 14,7 9,1 5,5 5,5
May 258,9 1,4 18,9 15,9 9,0 7,6
June 261,9 1,2 14,8 16,1 10,7 8,0
July 263,1 0,5 5,6 13,0 11,0 8,4
August 264,0 0,3 4,2 8,1 12,0 8,6
September 265,6 0,6 7,5 5,8 10,8 7,6
October 266,2 0,2 2,7 4,8 8,8 7,2
November 266,1 0,0 -0,4 3,2 5,6 7,3
December 266,2 0,0 0,5 0,9 3,3 7,0
Percentage changes, not seasonally adjusted.


Consumer price index by economic categories 2006
Subindices March 1997=100 Change in the last 12 months
November December Effect on the index
  %
Consumer Price Index 149,1 149,2 7,0% 7,0%
Thereof:    
Domestic goods 136,7 136,2 7,8% 1,1%
Agricultural products 132,0 130,6 7,0% 0,4%
Domestic goods less agricultural products and vegetables 139,7 139,9 8,3% 0,7%
Imported goods 120,2 120,3 6,1% 2,1%
Imported goods less, alcohol and tobacco 116,2 116,2 6,3% 1,9%
Core index 1 (CPI less agric. prod., vegetables, 
fruits and petrol) 150,6 151,0 7,0% 6,1%
Core index 2 (core index 1 less public services) 151,4 151,8 7,5% 6,0%
Groceries (perishable items) 130,8 130,3 8,8% 1,3%

Statistics

Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

Share


Use of this press release is free. Please quote the source.