The Consumer Price Index (CPI) based on prices in June 2019 is 469.8 points (May 1988=100), 0.38% higher than in the previous month. The CPI less housing cost is 401.7 points, 0.37% higher than in May 2019.
Prices of international flights increased by 6.5% from the previous month (effect on the index 0.10%).
Prices of regular maintenance and repair of dwellings increased by 2.3% (0.11%) from last month.
The CPI is 3.3% higher in June 2019 than in June 2018 while the CPI less housing cost is 3.0% higher than one year ago.
The CPI compiled in the middle of June 2019, 469.8 points, is applicable for indexation purposes in August 2019. The old credit terms index for August 2019 is 9,276 points.
| The Icelandic consumer price index 2018-2019 | ||||||
| May 1988 = 100 | Annualized rates | |||||
| Monthly index | Monthly changes | Latest month | Latest 3 months | Latest 6 months | Latest 12 months | |
| 2018 | ||||||
| June | 454.6 | 0.6 | 7.7 | 2.3 | 3.3 | 2.6 |
| July | 454.8 | 0.0 | 0.5 | 2.3 | 3.6 | 2.7 |
| August | 455.7 | 0.2 | 2.4 | 3.5 | 2.8 | 2.6 |
| September | 456.8 | 0.2 | 2.9 | 1.9 | 2.1 | 2.7 |
| October | 459.4 | 0.6 | 7.0 | 4.1 | 3.2 | 2.8 |
| November | 460.5 | 0.2 | 2.9 | 4.3 | 3.9 | 3.3 |
| December | 463.9 | 0.7 | 9.2 | 6.4 | 4.1 | 3.7 |
| 2019 | ||||||
| January | 462.0 | -0.4 | -4.8 | 2.3 | 3.2 | 3.4 |
| February | 462.9 | 0.2 | 2.4 | 2.1 | 3.2 | 3.0 |
| March | 465.3 | 0.5 | 6.4 | 1.2 | 3.8 | 2.9 |
| April | 467.0 | 0.4 | 4.5 | 4.4 | 3.3 | 3.3 |
| May | 468.0 | 0.2 | 2.6 | 4.5 | 3.3 | 3.6 |
| June | 469.8 | 0.4 | 4.7 | 3.9 | 2.6 | 3.3 |