Inflation in Iceland

Iceland Inflation | Economic News & Forecasts

Iceland - Inflation

The economy likely ended 2018 on a weaker note, after significantly decelerating in Q3 on the back of a sharp contraction in both business and residential investment. Softer tourism growth, following years of surging visitor inflows, should have put a lid on growth in Q4. This is reflected by overnight tourist stays, which rose only modestly in December after a flat November print, thus weighing on hotel occupancy rates. Lastly, although consumer confidence tumbled in November, solid wage growth and a low unemployment rate should have supported private consumption in the quarter.

Iceland - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)3.9  2.1  1.6  1.7  1.8  

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Iceland Inflation Chart

Iceland Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Statistics Iceland.

Iceland Facts

Bond Yield4.98-0.99 %Mar 11
Exchange Rate121.3-0.52 %Mar 11
Stock Market1,301-0.32 %Mar 11

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