Harmonised Consumer Prices in Iceland increased to 101.60 points in December from 100.90 points in November of 2019. Harmonised Consumer Prices in Iceland averaged 72.24 points from 1996 until 2019, reaching an all time high of 104.50 points in July of 2019 and a record low of 42.80 points in February of 1996.

Harmonised Consumer Prices in Iceland is expected to be 103.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Harmonised Consumer Prices in Iceland to stand at 103.29 in 12 months time. In the long-term, the Iceland Harmonised Consumer Prices is projected to trend around 108.09 points in 2020, according to our econometric models.


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Iceland Harmonised Consumer Prices

Actual Previous Highest Lowest Dates Unit Frequency
101.60 100.90 104.50 42.80 1996 - 2019 points Monthly
2015=100, NSA


Iceland Harmonised Consumer Prices
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.

Iceland Prices Last Previous Highest Lowest Unit
Inflation Rate 2.00 2.70 25.20 -0.06 percent [+]
Consumer Price Index CPI 473.30 472.80 473.30 4.00 points [+]
Harmonised Consumer Prices 101.60 100.90 104.50 42.80 points [+]
Core Consumer Prices 266.00 265.50 266.00 100.00 points [+]
Core Inflation Rate 2.10 2.70 18.16 1.09 percent [+]
GDP Deflator 187.39 182.52 187.39 3.24 points [+]
Producer Prices 209.00 211.40 224.80 99.80 points [+]
Export Prices 202.40 187.47 221.28 0.03 points [+]
Import Prices 221.68 197.40 262.20 0.04 points [+]
Producer Prices Change -3.30 1.10 68.50 -12.40 percent [+]
Inflation Rate Mom 0.10 0.10 10.40 -1.50 percent [+]
Food Inflation 1.00 2.50 31.18 -6.45 percent [+]
CPI Housing Utilities 461.80 463.10 463.10 94.00 points [+]
CPI Transportation 156.91 155.54 183.10 100.30 points [+]