The Consumer Price Index (CPI) based on prices in October 2015 is 430.9 points (May 1988=100), 0.07% higher than in September 2015. The CPI less housing cost is 397.0 points, 0.20% lower than in September.

The cost of owner occupied housing rose by 1.2% (effect on the index 0.17%).

The CPI is 1.8% higher in October 2015 than in October 2014 while the CPI less housing cost is 0.3% higher than one year ago.

The CPI compiled in the middle of October 2015, 430.9 points, is applicable for indexation purposes in December 2015. The old credit terms index for December 2015 is 8,508 points.

Consumer price index by economic categories 2015
Subindices March 1997=100     Change in the last 12 months
     
        Effect on the index
  September October %
         
Consumer Price Index 241.3 241.4 1.8 1.8
Thereof:        
Domestic goods and vegetables 221.9 221.8 4.8 0.6
Agricultural products 210.7 210.3 6.4 0.4
Domestic goods less agricultural products 229.1 229.5 3.2 0.2
Imported goods 193.2 192.7 -3.3 -1.1
Imported goods less, alcohol and tobacco 183.8 183.3 -3.6 -1.1
Groceries (perishable items) 216.9 216.2 3.6 0.6

 

The Icelandic consumer price index 2014-2015
May 1988 = 100   Annualized rates
  Monthly index Monthly changes Latest month Latest 3 months Latest 6 months Latest 12 months
 
2014            
October 423.2 0.1 1.7 1.0 1.0 1.9
November 421.0 -0.5 -6.1 -2.0 -0.1 1.0
December 422.3 0.3 3.8 -0.3 -0.2 0.8
2015            
January 419.3 -0.7 -8.2 -3.6 -1.3 0.8
February 422.1 0.7 8.3 1.0 -0.5 0.8
March 426.4 1.0 12.9 3.9 1.8 1.6
April 427.0 0.1 1.7 7.6 1.8 1.4
May 428.2 0.3 3.4 5.9 3.4 1.6
June 429.3 0.3 3.1 2.7 3.3 1.5
July 430.0 0.2 2.0 2.8 5.2 1.9
August 432.3 0.5 6.6 3.9 4.9 2.2
September 430.6 -0.4 -4.6 1.2 2.0 1.9
October 430.9 0.1 0.8 0.8 1.8 1.8
Percentage changes, not seasonally adjusted.        

 

Statistics