The Consumer Price Index based on prices in February is 409.9 points (May 1988=100), 1.64% higher than in the previous month. The CPI less housing cost is 391.9 points, 2.03% higher than in January.
Winter sales are coming to a close causing an increase in prices of clothing and footwear by 11.6% (effect on the index 0.55%). Prices of petrol and diesel oil rose by 5.3% (0.31%), prices of groceries increased by 0.9% (0.15%) and prices of new cars rose by 2.1% (0.12%).
The CPI is 4.8% higher in February 2013 than in February 2012 and the CPI less housing cost is 5.6% higher than one year ago. Over the last three months, the CPI has increased by 2.0%, equivalent to an annual inflation rate of 8.1% (9.1% inflation for the CPI less housing cost).
| Consumer price index by economic categories 2013 | ||||
| Subindices March 1997=100 | Change in the last 12 months | |||
| Effect on the index | ||||
| January | February | % | ||
| Consumer Price Index | 226.0 | 229.7 | 4.8 | 4.8 |
| Thereof: | ||||
| Domestic goods and vegetables | 206.1 | 207.0 | 5.8 | 0.8 |
| Agricultural products | 192.2 | 192.1 | 5.7 | 0.3 |
| Domestic goods less agricultural products | 216.6 | 218.5 | 6.0 | 0.4 |
| Imported goods | 198.4 | 205.8 | 5.0 | 1.8 |
| Imported goods less, alcohol and tobacco | 189.8 | 197.7 | 4.7 | 1.6 |
| Groceries (perishable items) | 205.2 | 207.0 | 5.8 | 1.0 |
| 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 | ||||||
| February | 391.0 | 1.0 | 12.8 | 6.8 | 5.4 | 6.3 |
| March | 395.1 | 1.0 | 13.3 | 9.8 | 6.3 | 6.4 |
| April | 398.2 | 0.8 | 9.8 | 12.0 | 7.2 | 6.4 |
| May | 398.1 | 0.0 | -0.3 | 7.5 | 7.1 | 5.4 |
| June | 400.1 | 0.5 | 6.2 | 5.2 | 7.4 | 5.4 |
| July | 397.2 | -0.7 | -8.4 | -1.0 | 5.3 | 4.6 |
| August | 396.6 | -0.2 | -1.8 | -1.5 | 2.9 | 4.1 |
| September | 399.6 | 0.8 | 9.5 | -0.5 | 2.3 | 4.3 |
| October | 400.7 | 0.3 | 3.4 | 3.6 | 1.3 | 4.2 |
| 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 |