The Consumer Price Index based on prices in November 2013 is 416.7 points (May 1988=100), 0.36% higher than in October. The CPI less housing cost is 394.5 points, 0.20% higher than in October.

Cost of owner occupied housing increased by 1.4% between months (effect on the index 0.19%).

The CPI is 3.7% higher in November 2013 than in November 2012 and the CPI less housing cost is 2.9% higher than one year ago. Over the last three months, the CPI has increased by 0.7%, equivalent to an annual inflation rate of 2.8% (1.9% for the CPI less housing cost).

The CPI compiled in the middle of November 2013, 416.7 points, is applicable for indexation purposes in January 2014. The old credit terms index for January 2014 is 8,228 points.

Consumer price index by economic categories 2013
Subindices March 1997=100 Change in the last 12 months
Effect on the index
  October November %
Consumer Price Index 232.6 233.5 3.7 3.7
Thereof:
Domestic goods and vegetables 211.0 212.6 4.1 0.6
Agricultural products 198.1 200.4 5.2 0.3
Domestic goods less agricultural products 220.3 221.3 3.2 0.2
Imported goods 203.5 202.8 0.9 0.3
Imported goods less, alcohol and tobacco 195.1 194.4 0.2 0.1
Groceries (perishable items) 209.5 210.2 3.6 0.6

The Icelandic consumer price index 2012-2013
May 1988 = 100 Annualized rates
Monthly index Monthly changes Latest month Latest 3 months Latest 6 months Latest 12 months
 
2012
November 402.0 0.3 4.0 5.6 2.0 4.5
December 402.2 0.0 0.6 2.6 1.1 4.2
2013
January 403.3 0.3 3.3 2.6 3.1 4.2
February 409.9 1.6 21.5 8.1 6.8 4.8
March 410.7 0.2 2.4 8.7 5.6 3.9
April 411.5 0.2 2.4 8.4 5.5 3.3
May 411.3 0.0 -0.6 1.4 4.7 3.3
June 413.5 0.5 6.6 2.8 5.7 3.3
July 412.4 -0.3 -3.1 0.9 4.6 3.8
August 413.8 0.3 4.2 2.5 1.9 4.3
September 415.2 0.3 4.1 1.7 2.2 3.9
October 415.2 0.0 0.0 2.7 1.8 3.6
November 416.7 0.4 4.4 2.8 2.6 3.7
Percentage changes, not seasonally adjusted.

Statistics