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|
|Consumer Price Index||226.0||229.7||4.8||4.8|
|Domestic goods and vegetables||206.1||207.0||5.8||0.8|
|Domestic goods less agricultural products||216.6||218.5||6.0||0.4|
|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|